Executive Bio
Steve Mills
Former CEO of BEA Sensors Amercias, a Halma Operating Company
In Practise Notes
- BEA Sensors is a near-monopoly in automatic door sensors with IP that is hard to replicate
- How BEA focused on improving organic growth and $$ per door
- Acquisition economics
- It's interesting that because BEA is the second largest opco, HLMA treated the company slightly differently. There were less synergies to integrate with other companies and so it remained more standalone than others post-2015 reorg. This highlights the complexity of a platform-type acquisition model.
Interview Transcript
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Audio
Halma: BEA Sensors Group(January 14, 2022)
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