All Cerberus PRO two-height-unit enclosures can also mount system back-up batteries up to 33AH in capacity.įor each Cerberus PRO FACP, one (1) red or black back box supports one (1) red or black outer door, respectively.
Included in the enclosure series are back box and door sets removable mounting plates and clear lenses and blank plates for use with the enclosure doors.Īll enclosures, which are FM (#3010) FDNY (#6104) and CSFM (#7165-0067:0259) Approved, come with ground straps for the inner and outer doors, shield-termination lugs, grounding lugs, and tie-wrap lances for securing wire. The hardware allows the Cerberus PRO system to be configured for a variety of applications, and allows for future system upgrades. Product Overview The Cerberus PRO fire-alarm enclosures and their accessories provide a complete set of hardware for mounting all Cerberus PRO main-system and remote terminal cards and modules. The investor did not respond to requests for comment.īoth Deutsche Bank and Commerzbank were reluctant to comment.Fire-Alarm Enclosures and Equipment Models: FHB2001-U1 / R1 FHB2002-U1 / R1 FHD2001-U3 / R3 FHD2002-U3 / R3 FHD2003-U3 /R3 įHD2004-U1 FHD2005-U1 FHD2006-U1 FCM2022-U3, and FCM2023-U3ĬerberusTM PRO Fire Safety & Security Products Since Cerberus bought its stakes, shares in both companies have dropped more than 20 percent. The sale marks a significant leapback by one of Europe's most prominent investors in the financial sector and comes at a time when massive growth in the continent's banking sector is still waiting to happen.Ĭerberus, which had previously held 3% of Deutsche Bank and 5% of Commerzbank and was among the top-10 shareholders of both bank, sold 21 million Deutsche Bank shares and 25.3 million Commerzbank shares, according to Morgan Stanley.Ĭerberus, which took ownership in both banks in 2017, earned $443 million euros ($502 million) in the sale, according to Morgan Stanley, a roughly 3% discount on Monday's closing price.Ĭerberus' interest in Deutsche Bank grows to 2%, while Commerzbank's interest is 3%.Ĭerberus has committed to a 45-day lock-up period involving additional stakes, according to Morgan Stanley.įollowing the news, Deutsche Bank and Commerzbank were down 1.9% and 4.9% in after-hours German activity.Ĭerberus has been a significant investor, at Commerzbank in 2020, a change in management and significant job cuts.
Cerberus (CBS.UL), a Canadian financial institution that has opposed a merger of Deutsche Bank and Commerzbank in the past, recently sank a large amount of their business in two top German lenders, according to the bank running the sale.
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