Deal Timeline

Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.

Dec 1999
AlliedSignal Inc. (1999 combination with Honeywell Inc.)
$36M
Dec 2002
Ultrak, Inc. (closed-circuit television / CCTV business)
Dec 2003
FutureSmart
Oct 2004
Electro-Radiation Incorporated (ERI)
Dec 2004
HomMed
$1.2B
Mar 2005
Novar plc
Mar 2005
Friedland
Jun 2005
InterCorr International
Nov 2005
Tridium
$825M
Nov 2005
UOP LLC (remaining 50% interest)
$406M
Mar 2006
First Technology plc
Mar 2007
ActivEye
$264M
Aug 2007
Enraf Holdings B.V.
$185M
Nov 2007
Maxon Corporation
$390M
Dec 2007
Handheld Products (Hand Held Products, Inc.)
Mar 2008
AV Digital Audio-Videotechnik GmbH
Jun 2008
IAC (Intelligent Automation Corporation)
$720M
Jul 2008
Metrologic Instruments
$1.2B
Jul 2008
Norcross Safety Products L.L.C.
Dec 2008
Callidus Technologies
May 2010
Akuacom
$139M
Jun 2010
Matrikon
Jul 2010
E-Mon
$1.4B
Oct 2010
Sperian Protection
$491M
Aug 2011
EMS Technologies
$331M
Dec 2011
King's Safety Shoes (King's Safetywear)
Jun 2012
INNCOM International
$525M
Oct 2012
Thomas Russell Co. (Thomas Russell L.L.C.)
$130M
Feb 2013
Saia Burgess Controls
$338M
Jun 2013
RAE Systems
$600M
Sep 2013
Intermec
$185M
Mar 2015
Datamax-O'Neil
$5.1B
Dec 2015
Elster Group
$105M
Dec 2015
Seelze research chemicals business (Sigma-Aldrich)
$347M
Feb 2016
Com Dev (COM DEV International)
$123M
Mar 2016
RSI Video Technologies
Mar 2016
Movilizer
$480M
Apr 2016
Xtralis
$1.5B
Aug 2016
Intelligrated
Aug 2017
Nextnine Ltd.
Dec 2017
FLUX
$425M
Nov 2018
Transnorm
Jul 2019
TruTrak Flight Systems
Dec 2019
Rebellion Photonics
Oct 2020
Ballard Unmanned Systems
Oct 2020
Rocky Research
$1,303M
Feb 2021
Sparta Systems
$186M
Jan 2022
US Digital Designs
$673M
Jun 2023
Compressor Controls Corporation
$52M
Aug 2023
SCADAfence
$4.95B
Dec 2023
Onity
$4,913M
Jun 2024
Carrier Global Corporation's Global Access Solutions business
$4.95B
Jun 2024
LenelS2
$4.95B
Jun 2024
Supra
$1,935M
Aug 2024
CAES Systems Holdings LLC (CAES)
$200M
Aug 2024
Civitanavi Systems S.p.A.
$1,843M
Sep 2024
Air Products' Liquefied Natural Gas Process Technology and Equipment business (LNG)
$1.8B
May 2025
Johnson Matthey's Catalyst Technologies business
$2,160M
Jun 2025
Sundyne
Jul 2025
Li-ion Tamer

The Acquisition Playbook.

Three patterns run through HONEYWELL INTERNATIONAL's acquisitions — what it looks for, how it pays, and how it folds in what it buys.

01
Acquisition criteria
Bolt-ons that scale the four core segments.
Honeywell concentrates deals inside its reportable segments rather than diversifying outside them — CAES and Civitanavi feed Aerospace Technologies, the Carrier Access Solutions carve-out and Novar feed Building Automation, Sundyne and the Air Products LNG business feed Energy and Sustainability Solutions, and Compressor Controls, SCADAfence and Sparta Systems feed Industrial Automation. Each target is described in Honeywell's own filings as a 'leader' in a defined niche that strengthens an existing core business.
Aube Technologies Inc.Zellweger AnalyticsJohnson Matthey's Catalyst Technologies businessRebellion PhotonicsTruTrak Flight Systems
02
Capital deployment
A repeated life-safety / PPE roll-up.
Across 2005-2010 Honeywell assembled a global personal-protection and gas-detection franchise through a sequence of deals — Zellweger Analytics, then First Technology plc (GBP 406 million) to form Honeywell Analytics, then Norcross Safety Products (~$1.2 billion) and Sperian Protection (~$1.4 billion), which combined with Honeywell Safety Products to create a ~$1.8 billion global PPE business. The filings repeatedly cite the same logic: trusted brands, channel and distribution synergies, and high-growth safety markets.
Aube Technologies Inc.Zellweger AnalyticsJohnson Matthey's Catalyst Technologies businessRebellion PhotonicsTruTrak Flight Systems
03
Integration approach
Large carve-outs funded with cash and debt.
Honeywell's biggest recent moves are corporate carve-outs paid for in cash and supported by term-loan and credit agreements that show up as separate 8-Ks — the ~$4.9 billion Carrier Global Access Solutions business and the ~$1.8 billion Air Products LNG business are both 100% equity-interest purchases of a parent's segment. The company pairs these with active portfolio pruning, divesting non-core units (e.g., Novar's Indalex and Security Printing Services, the Consumer Products Group, and the Personal Protective Equipment business) as it reshapes around higher-margin platforms.
Aube Technologies Inc.Zellweger AnalyticsJohnson Matthey's Catalyst Technologies businessRebellion PhotonicsTruTrak Flight Systems

The Full Deal Book

94 acquisitions — each with the deal value, financing structure, target revenue, and executive commentary where disclosed.

01 Aube Technologies Inc. · Canada (Saint-Jean-sur-Richelieu, Quebec) Not disclosed
Disclosed in 8-K Acquisition of privately held company; terms undisclosed

Aube Technologies, based in Saint-Jean-sur-Richelieu, Quebec, designed and manufactured line-voltage electronic thermostats, relays, switches and timers supplied to heating and cooling OEMs, wholesalers and retailers. Its product line and employees were integrated into Honeywell's North American residential (Environmental & Combustion Controls) business.

02 Zellweger Analytics · Switzerland (Uster) Not disclosed
Disclosed in 8-K Acquisition of privately held business; terms undisclosed

Zellweger Analytics, based in Uster, Switzerland, was a global leader in toxic and flammable gas detection systems with roughly $170 million in annual sales, serving semiconductor, industrial and oil-and-gas customers. Honeywell placed it in the Life Safety unit of Automation and Control Solutions, entering the large and growing gas-detection market and complementing its fire systems and sensing portfolio.

03 Johnson Matthey's Catalyst Technologies business $1.8B
Announced May 2025 Closed May 2025 All-cash

Johnson Matthey's Catalyst Technologies is a London-headquartered business with roughly 1,900 employees and operations across the United States, Europe and India that manufactures catalysts and licenses process technology. Its installed base spans refining, petrochemical and renewable-fuel plants, and Honeywell expects the addition to give it, for the first time, an end-to-end route for producing lower-emission critical fuels such as sustainable methanol, sustainable aviation fuel, blue hydrogen and blue ammonia while broadening the capabilities of its UOP process-technology franchise. Honeywell first agreed to the all-cash purchase in May 2025 at GBP 1.8 billion, then amended the terms in February 2026 to GBP 1.325 billion, extending the long-stop date to July 21, 2026 with completion targeted by the end of August 2026. 1.8 billion British pounds (all-cash; subsequently amended in February 2026 to 1.325 billion British pounds).

04 Rebellion Photonics · Houston, Texas, USA Not disclosed
Announced Dec 2019 Closed Dec 2019 Acquisition

Rebellion Photonics, based in Houston, provides intelligent, automated visual gas-monitoring solutions with a real-time platform that visually identifies and quantifies gas releases to detect leaks and keep workers safe. Honeywell acquired it to strengthen its gas-detection and connected-safety offerings.

05 TruTrak Flight Systems · Springdale, Arkansas, USA Not disclosed
Announced Jul 2019 Closed Jul 2019 Acquisition of a privately held company; financial terms undisclosed; no change to Honeywell's 2019 outlook

TruTrak Flight Systems, founded in 1999, makes affordable, easy-to-install autopilots for experimental, light-sport and certified aircraft, having sold well over 15,000 units by the time of the deal. Honeywell acquired the privately held company and folded it into its BendixKing business, with founder-owner Andrew Barker joining the BendixKing leadership team. The deal opened the fast-growing experimental and light-sport general-aviation market to BendixKing.

TruTrak is a natural fit with BendixKing, and this acquisition opens up an exciting new market to us.Carl Esposito — President of Electronic Solutions, Honeywell Aerospace
06 Cythos · Ploermel, France Not disclosed
Disclosed in 8-K

Cythos (Cythos Technologies), founded in 2006 in Ploermel, France, developed a multimedia bedside terminal for hospital rooms offering patients IP television, telephony, on-demand video and music, and internet, along with simplified interfaces for clinical staff. It was reportedly acquired by Honeywell around 2009, but the deal cannot be verified from any official Honeywell or SEC source.

07 Baker Electronics, Inc. (assets) · Sarasota, Florida, USA Not disclosed
Disclosed in 8-K Asset acquisition

Baker Electronics manufactured business-jet cabin management systems and related cabin electronics, including high-speed internet connectivity, audio/video conferencing, cabin audio and entertainment systems. Honeywell acquired the assets of Baker Electronics to broaden its aerospace cabin-management portfolio, folding the business into its Cabin Management, Systems and Services organization.

08 AV Digital Audio-Videotechnik GmbH · Vienna, Austria Not disclosed
Announced Mar 2008 Closed Mar 2008 Acquisition of a privately held company; financial terms undisclosed

AV Digital Audio-Videotechnik GmbH was a privately held, Vienna-based developer and manufacturer of public-address and voice-alarm/notification sound systems used to support safe building evacuation during emergencies (not CCTV/video surveillance). Honeywell acquired the company to fit its fire and life-safety systems operations (ESSER by Honeywell); it was described as Honeywell's first acquisition in Austria.

09 SCAME Sistemi, s.r.l. · Italy (Arluno, Milan) Not disclosed
Disclosed in 8-K Acquisition of privately held company; terms undisclosed

SCAME Sistemi, a privately held company founded in 1979 in Arluno (Milan), Italy with about 25 employees, provides all-in-one systems that manage fire and gas detection and fire-extinguishing from a single interface and supervisory software platform. Honeywell added it to the Fire business within Home and Building Technologies to expand its industrial fire-and-gas safety and connected-building capabilities.

When it comes to industrial safety, there is no substitute for world-class detection and suppression hardware, and software that provides critical solutions for each customer's unique needs.Gary Michel — President and CEO of Honeywell Home and Building Technologies
10 Aviaso · Switzerland (Zurich) and Bulgaria (Sofia) Not disclosed
Disclosed in 8-K Acquisition of privately held company; terms undisclosed

Aviaso, founded in 2007 with about 40 employees in Zurich, Switzerland and Sofia, Bulgaria, made fuel-efficiency and emissions-reporting software used by roughly 20 airlines. Its software gathers aircraft-usage data and identifies fuel-saving opportunities; Honeywell added it to its Aerospace portfolio to strengthen connected-aircraft fuel-management offerings.

11 Shanghai Alarm · China (Shanghai) — unconfirmed Not disclosed
Disclosed in 8-K

This target could not be verified against any official Honeywell announcement or SEC filing. No honeywell.com press release, newsroom item, or Honeywell SEC filing was found identifying a 2002 acquisition of a Shanghai-based alarm/security company under this name, so the deal, its scope, structure and terms remain unconfirmed.

12 FLUX · China Not disclosed
Announced Dec 2017 Closed Dec 2017 Minority investment

FLUX Information Technology is a Chinese provider of warehouse-management and related supply-chain software. Honeywell agreed to take a 25 percent ownership interest in FLUX and to form a separate majority-owned joint venture with FLUX's founder to serve customers outside China, enhancing Honeywell's Connected Supply Chain offerings.

13 IAC (Intelligent Automation Corporation) · United States (Poway, California) Not disclosed
Announced Jun 2008 Closed Jun 2008 Acquisition

The 2008 Honeywell target commonly abbreviated 'IAC' was Intelligent Automation Corporation of Poway, California, a supplier of Health and Usage Monitoring Systems (HUMS) and on-board diagnostic systems for military and commercial helicopters, fixed-wing aircraft, UAVs and ground vehicles. Honeywell's Defense & Space business acquired it to strengthen its aircraft diagnostics and prognostics expertise.

14 InterCorr International, Inc. · Houston, Texas, USA Not disclosed
Announced Jun 2005 Closed Jun 2005 Acquisition

InterCorr International was a Houston-based specialist in corrosion and materials engineering, best known for its SmartCET online, real-time corrosion-monitoring technology serving the petroleum, energy and transportation sectors. Honeywell acquired it to integrate SmartCET with its Experion Process Knowledge System, giving process-industry customers real-time corrosion data to cut maintenance costs and avoid unplanned downtime.

15 Edgelinx · Toronto, Ontario, Canada Not disclosed
Disclosed in 8-K Acquisition

Edgelinx (Edgelinx Systems of Toronto) was a provider of visitor-management systems used to register, badge and track visitors in hospitals, schools, corporate campuses and government buildings. Honeywell acquired it as part of a series of 2004 security acquisitions to broaden its access-control and building-security software portfolio.

16 Kolon Films · Dangjin, South Korea Not disclosed
Disclosed in 8-K Asset acquisition

Honeywell acquired Kolon Industries' biaxially oriented nylon (BON) films business, including its production facility in Dangjin, South Korea. The deal expanded Honeywell's Specialty Materials barrier-films portfolio and gave it one of its early manufacturing footholds in South Korea.

17 Onity · Salem, Oregon, USA $4.95B
Announced Dec 2023 Closed Dec 2023 Carve-out acquisition

Onity is a hospitality access-solutions brand offering electronic locks and mobile credentials, with nine of the ten largest hotel chains as customers. It came to Honeywell not as a standalone purchase but as one of three brands (alongside LenelS2 and Supra) inside Carrier's Global Access Solutions business.

18 Tridium, Inc. · Richmond, Virginia, USA Not disclosed
Announced Nov 2005 Closed Nov 2005 Acquisition

Tridium, of Richmond, Virginia, developed the Niagara Framework, a software platform that integrates diverse building and industrial devices regardless of manufacturer or protocol and manages them over the web. Honeywell, already a Tridium alliance partner since 2000, acquired the company to own this open integration platform for energy management, building automation and beyond.

19 GEM Microelectronics · Chandler, Arizona, USA Not disclosed
Disclosed in 8-K Buyout of joint-venture partner's stake

GEM Microelectronic Materials was a wet-process electronic-chemicals venture (ultra-high-purity acids, cleaning chemistries and etchants for semiconductors) with plants in Chandler, Arizona and Texas, formed in 2001 by combining Honeywell's and Mitsubishi's wet-chemicals businesses. In November 2004 Honeywell bought out Mitsubishi Chemical's roughly 40% stake to take full ownership, folding the business into Honeywell Electronic Materials.

20 Betatech Not disclosed
Disclosed in 8-K

No official Honeywell announcement or SEC filing documenting a Honeywell acquisition of a company named 'Betatech' in 2003 could be located; EDGAR full-text search of Honeywell's filings returns no such target. Honeywell's 2003 acquisitions per its 10-K were a fire controls/detection business, a sensor business and a nylon-films business, none named Betatech.

21 Plant Automation Systems (PAS) · Houston, Texas, USA Not disclosed
Disclosed in 8-K Asset acquisition

Honeywell Process Solutions acquired the advanced process control (APC) and optimization software business of PAS Inc., a Houston-based supplier of software for the process industries. The purchase added linear and non-linear control and optimization technologies, along with the associated customer contracts and personnel, to Honeywell's process automation portfolio.

22 Sempra Energy Services · United States (San Diego, California) Not disclosed
Disclosed in 8-K Acquisition of business unit

Honeywell agreed to acquire the energy services group of Sempra Generation, a subsidiary of Sempra Energy, which provided energy performance-contracting solutions to government, healthcare, education and other institutional customers. The business was folded into Honeywell Building Solutions to expand Honeywell's energy-efficiency and building-management services.

23 Hymatic Group · Redditch, Worcestershire, England, UK Not disclosed
Disclosed in 8-K Acquisition

Honeywell Aerospace acquired the Hymatic Group of Redditch, Worcestershire, England, a manufacturer of cryogenic cooling systems, heat exchangers and fluid-control technologies for aerospace, defense and space applications. Hymatic's products include Joule-Thomson and Stirling-cycle cryocoolers used in infrared sensing, missile targeting and high-resolution imaging.

24 Silent Witness · Surrey, British Columbia, Canada Not disclosed
Disclosed in 8-K Acquisition

Honeywell acquired Silent Witness Enterprises, a Canadian manufacturer of closed-circuit television (CCTV) cameras, digital and analog recording systems and mobile video-surveillance equipment based in Surrey, British Columbia. The business was integrated into Honeywell's Security group to broaden its video-surveillance product line.

25 Ballard Unmanned Systems · Southborough, Massachusetts, USA Not disclosed
Announced Oct 2020 Closed Oct 2020 Asset acquisition

Honeywell acquired the key intellectual property, inventory and equipment of Ballard Unmanned Systems, a subsidiary of Ballard Power Systems that designs stored-hydrogen proton-exchange-membrane fuel-cell systems for unmanned aerial systems used in energy inspection, cargo delivery and defense. Ballard's fuel-cell team joined Honeywell to help build a family of fuel-cell power systems for UAS vehicles.

26 UOP Russell LLC · United States $240M
Disclosed in 8-K Buyout of remaining 30% minority interest in an already-majority-owned entity

In 2016 Honeywell acquired the remaining 30 percent interest in UOP Russell LLC, a maker of modular equipment and technology to process natural gas, taking the venture to full ownership within Honeywell UOP. UOP Russell was formed after Honeywell's 2012 acquisition of a 70 percent stake in the Thomas Russell Co.; this transaction is the buyout of the remaining minority interest rather than a separate third-party company acquisition (the original deal is already captured as Thomas Russell, 2012).

27 Fire Sentry · Yorba Linda, California, USA Not disclosed
Disclosed in 8-K Acquisition

Honeywell acquired Fire Sentry Corporation, a privately held manufacturer of fast-responding electro-optical flame detectors, portable test lamps and dedicated control panels for industrial markets such as petrochemical, semiconductor, paint-finishing and munitions plants. Based in Yorba Linda, California, Fire Sentry was integrated into Honeywell's Life Safety business to expand its gas and flame detection portfolio.

28 Genesis Cable · Pleasant Prairie, Wisconsin, USA Not disclosed
Disclosed in 8-K Acquisition of remaining 70% to reach full ownership

Honeywell acquired the remaining 70 percent stake it did not already own in Genesis Cable Systems, a Pleasant Prairie, Wisconsin maker of low-voltage cable for security, fire, sound, video, voice, data and structured home-networking applications, taking the business to full ownership. Honeywell had held a 30 percent interest since its 2000 acquisition of Pittway Corp.

29 Chadwick Helmuth · El Monte, California, USA Not disclosed
Disclosed in 8-K Acquisition

Honeywell Aerospace acquired Chadwick-Helmuth, an El Monte, California supplier of helicopter rotor track-and-balance equipment, health and usage monitoring systems (HUMS) and other helicopter safety systems. The acquisition strengthened Honeywell's rotorcraft diagnostics and monitoring capabilities.

30 Rocky Research · Boulder City, Nevada, USA Not disclosed
Announced Oct 2020 Closed Oct 2020 Acquisition

Honeywell acquired privately held Rocky Research, a Boulder City, Nevada technology company specializing in thermal, energy and power-management solutions, including systems supporting U.S. Department of Defense programs. Rocky Research was integrated into Honeywell Aerospace to expand its power-generation, energy-storage and thermal-management portfolio.

31 Energy Services Group, LLC · United States (Minneapolis, Minnesota) Not disclosed
Disclosed in 8-K Acquisition; terms undisclosed

Energy Services Group, based in Minneapolis, was a pioneer in energy-performance contracting that had completed more than 4,000 energy-saving projects and delivered over $3 billion in energy and operational savings to customers. Honeywell integrated it into Honeywell Building Solutions to expand its energy-management and performance-contracting services.

32 Burtek Systems Corporation · Canada (with branches in the United States, Europe and Latin America) Not disclosed
Disclosed in 8-K Asset/business purchase

Burtek was a distributor of low-voltage products for commercial and residential audio, burglar and fire alarm, CCTV, access control and data communications, acquired from Richardson Electronics. Honeywell's Security Group folded Burtek into its ADI Global Distribution business to widen its branch network across Canada, the U.S., Europe and Latin America.

33 Pittway Corporation · United States (Chicago, Illinois) $2.2B
Disclosed in 8-K Cash tender offer for all outstanding common and Class A shares at $45.50 per share

Pittway designed, manufactured and distributed security and fire systems for homes and buildings, with 1999 sales of about $1.6 billion (brands including Notifier, System Sensor, Ademco and ADI). Honeywell acquired all outstanding Pittway common and Class A stock via a $45.50-per-share tender offer, combining it with Honeywell's Home and Building Control business to create an approximately $5 billion global home-and-building-controls operation.

34 Olympo Controls · Europe Not disclosed
Disclosed in 8-K Acquisition; terms undisclosed

Honeywell's Security business (part of Automation and Control Solutions) acquired the security-systems distributor Olympo Controls in December 2003, integrating intruder, fire, CCTV and access-control product distribution. Public detail on the transaction is limited and no dedicated Honeywell press release or SEC filing documenting the deal was located; terms were not disclosed.

35 IRIS Systems Inc. · Canada Not disclosed
Disclosed in 8-K Acquisition of privately held company; terms undisclosed

IRIS Systems, founded in 1976 and based in Canada, was a privately held maker of flame-monitoring and flame-detection systems for industrial combustion applications such as power generation, pulp and paper and industrial boilers. Honeywell's Environmental & Combustion Controls (Thermal Solutions) business acquired it to expand its flame-detection offering and the industrial segments it serves.

36 Li-ion Tamer · Lewis Center, Ohio, USA Not disclosed
Announced Jul 2025 Closed Jul 2025 Tuck-in acquisition of the Li-ion Tamer business/product line from Nexceris; financial terms undisclosed

Li-ion Tamer is an off-gas detection system for lithium-ion batteries that senses the electrolyte-solvent vapors vented in the earliest stage of a cell failure, warning of thermal runaway well before smoke, heat or flame appear. Honeywell acquired the Li-ion Tamer business and its portfolio of 30-plus global patents from Nexceris, having partnered on the technology over the prior five years. The tuck-in strengthens Honeywell's fire and life-safety offering for energy storage, data centers and EV infrastructure.

Li-ion Tamer's early warning technology has been revolutionary for our customers and partners over the last five yearsBillal Hammoud — President and CEO of Honeywell's Building Automation segment
37 Sundyne · United States $2,160M
Announced Mar 2025 Closed Jun 2025 All cash
highly engineered pumpsgas compressorsaftermarket support for process industries

A leader in the design, manufacturing, and aftermarket support of highly engineered pumps and gas compressors for process industries. $2,160 million (approximately $2.2 billion).

Why it was attractive
  • Adds engineered rotating-equipment and recurring aftermarket support to Honeywell's process-industries portfolio
On June 6, 2025, the Company acquired 100% of the outstanding equity interests of Sundyne, a leader in the design manufacturing, and aftermarket support of highly-engineered pumps and gas compressors for process industries, for total consideration of $2,160 million, net of cash acquired.Honeywell FY2025 10-K — Acquisitions note
38 Air Products' Liquefied Natural Gas Process Technology and Equipment business (LNG) · Global $1,843M
Announced Jul 2024 Closed Sep 2024 All cash
LNG process technologyLNG equipmentenergy transition technology

The liquefied natural gas process technology and equipment business acquired from Air Products, strengthening Honeywell's energy transition portfolio. $1,843 million (approximately $1.8 billion).

Why it was attractive
  • Expands Honeywell's energy-transition and process-technology offering with established LNG equipment and licensing technology
On September 30, 2024, the Company acquired 100% of the outstanding equity interests of Air Products' liquefied natural gas process technology and equipment business (LNG), strengthening the Company's energy transition portfolio, for total consideration of $1,843 million, net of cash acquired.Honeywell FY2025 10-K — Acquisitions note
39 CAES Systems Holdings LLC (CAES) · United States $1,935M
Announced May 2024 Closed Aug 2024 All cash
high-reliability radio frequency (RF) technologiesdefense electronicsspace electronics

A provider of high-reliability radio frequency (RF) technologies for the defense and space markets, acquired to enhance Honeywell's defense and space portfolio. $1,935 million (approximately $1.9 billion).

Why it was attractive
  • Deepens Honeywell's defense and space RF capabilities at a time of rising defense and space demand
On August 30, 2024, the Company acquired 100% of the outstanding equity interests of CAES Systems Holdings LLC (CAES), enhancing the Company's defense and space portfolio with high-reliability radio frequency technologies, for total consideration of $1,935 million, net of cash acquired.Honeywell FY2025 10-K — Acquisitions note
40 Civitanavi Systems S.p.A. · Italy $200M
Announced Mar 2024 Closed Aug 2024 All cash
position navigation and timing (PNT) technologyinertial navigationaerospace and defense sensing

An Italy-based leader in position, navigation and timing (PNT) technology for the aerospace, defense, and industrial markets.

Why it was attractive
  • Strengthens Honeywell Aerospace's navigation and timing portfolio
  • including resilient PNT for defense applications
On August 19, 2024, the Company completed the acquisition of Civitanavi Systems S.p.A., a leader in position navigation and timing technology for the aerospace, defense, and industrial markets, for total consideration of $200 million, net of cash acquired.Honeywell FY2025 10-K — Acquisitions note
41 Carrier Global Corporation's Global Access Solutions business · Global $4,913M
Announced Dec 2023 Closed Jun 2024 All cash
advanced access and security solutionselectronic locking systemscontactless mobile key solutions

An innovative global leader in advanced access and security solutions, electronic locking systems, and contactless mobile key solutions, acquired from Carrier Global Corporation. Honeywell's largest acquisition to date. $4,913 million (approximately $4.9 billion).

Why it was attractive
  • Adds a global access and security platform with recurring/contactless mobile-key technology to Building Automation
  • contributed $302 million of inorganic sales growth in 2025
On June 3, 2024, the Company acquired 100% of the outstanding equity interests of Carrier Global Corporation's Global Access Solutions business (Access Solutions), an innovative global leader in advanced access and security solutions, electronic locking systems, and contactless mobile key solutions, for total consideration of $4,913 million, net of cash acquired.Honeywell FY2025 10-K — Acquisitions note
42 LenelS2 · United States (global operations) $4.95B
Announced Dec 2023 Closed Jun 2024 All-cash acquisition of a business unit; LenelS2 acquired as part of Carrier's Global Access Solutions business

LenelS2 is a provider of commercial and enterprise access-control solutions (including the OnGuard and NetBox platforms) and was one of three brands Honeywell obtained when it acquired Carrier Global Corporation's Global Access Solutions business. Honeywell added LenelS2 to strengthen its position in cloud-based, software-led security for commercial buildings.

As the world's security needs evolve from a focus on protecting people to protecting both people and critical assets, we see strong growth prospects for our Access Solutions acquisition.Vimal Kapur — Chief Executive Officer, Honeywell
43 Supra · United States (global operations) $4.95B
Announced Dec 2023 Closed Jun 2024 All-cash acquisition of a business unit; Supra acquired as part of Carrier's Global Access Solutions business

Supra specializes in cloud-based electronic lockboxes and scheduling software (widely used by real-estate agents). It was one of three brands Honeywell obtained through its acquisition of Carrier Global Corporation's Global Access Solutions business, adding software-led, recurring-revenue access products to Honeywell's security portfolio.

As the world's security needs evolve from a focus on protecting people to protecting both people and critical assets, we see strong growth prospects for our Access Solutions acquisition.Vimal Kapur — Chief Executive Officer, Honeywell
44 SCADAfence · Israel $52M
Announced Jul 2023 Closed Aug 2023 All cash
operational technology cybersecurityIoT cybersecuritylarge-scale network monitoring

A provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks.

Why it was attractive
  • Adds OT/IoT cybersecurity capabilities to Honeywell's industrial cybersecurity offering
On August 25, 2023, the Company acquired 100% of the outstanding equity interests of SCADAfence, a provider of operational technology and Internet of Things (IoT) cybersecurity solutions for monitoring large scale networks, for total consideration of $52 million, net of cash acquired.Honeywell FY2025 10-K — Acquisitions note
45 Compressor Controls Corporation · United States $673M
Announced Apr 2023 Closed Jun 2023 All cash
turbomachinery controlscompressor controlsservices for process industries

Honeywell agreed to buy Compressor Controls Corporation, a specialist in turbomachinery control and optimization technology whose hardware, software and services serve the LNG, gas processing, refining and petrochemical markets, for $670 million in cash from INDICOR. Headquartered in Des Moines, Iowa with roughly 280 employees, CCC brought an installed base of more than 14,000 control applications. Honeywell framed the deal, announced in April 2023, as a way to advance the energy transition by broadening its automation and controls portfolio.

Why it was attractive
  • Adds turbomachinery controls and services aligned with Honeywell's process automation and energy customers
On June 30, 2023, the Company acquired 100% of the outstanding equity interests of Compressor Controls Corporation, a turbomachinery services and controls company based in the United States, for total cash consideration of $673 million, net of cash acquired.Honeywell FY2025 10-K — Acquisitions note
46 US Digital Designs, Inc. · United States (Tempe, Arizona) $186M
Announced Jan 2022 Closed Jan 2022 All cash
first responder technologiesfire station alertingemergency communications

Honeywell moved to acquire US Digital Designs, a Tempe, Arizona provider of alerting and dispatch communications systems used by emergency first responders, in an all-cash transaction announced in December 2021. The technology was folded into Honeywell's Fire and Connected Life Safety business, expanding its public safety communications offering. Honeywell positioned the addition as a way to give first responders faster response times and better situational awareness during building emergencies.

Why it was attractive
  • Adds first-responder and emergency-communications technology to Building Technologies
On January 18, 2022, the Company acquired 100% of the issued and outstanding shares of US Digital Designs, Inc., a leading provider of technologies for first responders, for total consideration of $186 million.Honeywell FY2022 10-K — Acquisitions note
47 Sparta Systems · United States (Hamilton, New Jersey) $1,303M
Announced Jan 2021 Closed Feb 2021 All cash
enterprise quality management softwarelife sciences QMSdigital transformationenterprise performance management software

A leading provider of enterprise quality management software (QMS) for the life sciences industry. The acquisition was expected to strengthen Honeywell's leadership in industrial automation, digital transformation solutions, and enterprise performance management software. $1,303 million (approximately $1.3 billion).

Why it was attractive
  • Recurring software revenue in regulated life sciences
  • reinforces Honeywell's connected-software and enterprise performance-management growth vector
Completed Three M&A Deals Aligned to Key Growth Vectors and Announced Agreement to Acquire Sparta Systems for $1.3 Billion.Honeywell — Q4 2020 earnings news release (January 29, 2021)
48 Transnorm · Harsum, Germany $425M
Closed Nov 2018 Acquisition

Transnorm, based in Harsum, Germany, is a global leader in high-performance conveyor solutions used in parcel delivery, e-commerce fulfillment and airport applications. Honeywell acquired it from IK Investment Partners to complement its Intelligrated warehouse-automation business and expand in Europe.

49 Nextnine Ltd. · Israel Not disclosed
Announced Jun 2017 Closed Aug 2017 Purchase of a privately held company; financial terms not disclosed

Nextnine, founded in 1998, was a privately held provider of security-management software for industrial cyber security. Its flagship product, ICS Shield, protects industrial sites from cyber attacks and enables secure remote monitoring of assets, and was in use at more than 6,200 sites worldwide across oil and gas, utilities, chemicals, mining and manufacturing. Honeywell acquired the company to expand its industrial cyber security portfolio and Connected Plant customer base.

Each day, the number of attempted cyber attacks on industrial facilities and critical infrastructure around the world increases. This acquisition shows our ongoing commitment to providing our customers with a comprehensive portfolio of cyber security solutions to protect and defend their industrial control systems and process control networks.Vimal Kapur — President of Honeywell Process Solutions
50 Intelligrated · Mason, Ohio, USA $1.5B
Closed Aug 2016 Acquisition

Intelligrated is a privately held leader in supply-chain and warehouse automation, providing automated material-handling systems, software and lifecycle services. Honeywell acquired it to build a warehouse-automation platform within its Safety and Productivity Solutions segment.

51 Xtralis $480M
Closed Apr 2016 Acquisition

Xtralis is a leading global provider of aspirating smoke detection, advanced perimeter-security technologies and video-analytics software. Honeywell acquired it to expand its fire, life-safety and security detection portfolio.

52 RSI Video Technologies · Minnesota, USA (with operations in Strasbourg, France) $123M
Closed Mar 2016 Acquisition

RSI Video Technologies was a global provider of intrusion-detection systems marketed under the Videofied brand, using wireless, battery-powered motion detectors with built-in cameras that stream live video to central monitoring stations over the cloud. Honeywell acquired it to add video-verification and a DIY-plus-professional-monitoring capability to its security portfolio.

53 Movilizer · Mannheim, Germany Not disclosed
Closed Mar 2016 Acquisition

Movilizer, of Mannheim, Germany, built one of the first cloud platforms for field-service and mobile-workforce applications, used by more than 200 multinationals across utilities, manufacturing, logistics and consumer goods. Honeywell acquired it to add cloud/mobile software for remote connected workers to its Sensing and Productivity Solutions business.

54 Com Dev (COM DEV International) · Canada (Cambridge, Ontario) $347M
Announced Nov 2015 Closed Feb 2016 Cash acquisition of 100% of issued and outstanding shares

COM DEV International is a leading provider of satellite and space components and subsystems, with equipment on more than 950 spacecraft and a large share of commercial communication satellites. Honeywell acquired all outstanding COM DEV shares to grow its Aerospace connectivity business across military, civilian and commercial aviation.

55 Elster Group · Essen, Germany $5.1B
Announced Jul 2015 Closed Dec 2015 Cash acquisition of the Elster division carved out from Melrose Industries plc; subject to U.S., EU and China regulatory and Melrose shareholder approvals

Honeywell acquired the Elster division of Melrose Industries plc, a global leader in thermal-gas solutions and in gas, electricity and water metering, including smart meters, software and data-analytics offerings. Elster operated three units (Elster Gas, Elster Electricity and Elster Water) and was expected to post roughly $1.8 billion in sales in 2015. Honeywell completed the acquisition for approximately $5.1 billion.

56 Seelze research chemicals business (Sigma-Aldrich) · Seelze, Germany $105M
Announced Oct 2015 Closed Dec 2015 Carve-out/business acquisition; Honeywell was the EC-approved divestiture buyer of assets Sigma-Aldrich had to sell for the Merck KGaA/Sigma-Aldrich merger

The Seelze, Germany-based business develops and manufactures high-purity laboratory research chemicals, solvents and reagents used in drug discovery, medical diagnostic testing and other lab applications, and includes the Fluka, Hydranal and Chromasolv brands plus the Sigma-Aldrich solvents and inorganics line in the EEA. Honeywell acquired it from Sigma-Aldrich, which was required to divest the unit as an EU antitrust remedy for Merck KGaA's acquisition of Sigma-Aldrich. The roughly 200-employee business was integrated into Honeywell's Fine Chemicals business.

The combined Honeywell business will be able to serve a broader range of customers and applications with global brands recognized for world-class quality and lot-to-lot consistencyQamar Bhatia — President of Honeywell's Specialty Products business
57 Datamax-O'Neil · United States (Orlando, Florida) $185M
Announced Dec 2014 Closed Mar 2015 All-cash acquisition

Datamax-O'Neil is a global manufacturer of fixed and mobile barcode printers used in retail, warehouse and distribution, and healthcare applications. Honeywell acquired it to broaden its Scanning & Mobility data-capture portfolio and take a leadership position in the roughly $1.5 billion global barcode-printing segment.

Today is an exciting day for Honeywell and Datamax-O'Neil as we join together to meet and exceed the needs of our combined customers while staking out a leadership role in the estimated $1.5 billion global barcode printing segment.John Waldron — President, Honeywell Scanning & Mobility
58 Intermec · Everett, Washington, USA $600M
Announced Dec 2012 Closed Sep 2013 All-cash merger

Intermec was an Everett, Washington maker of barcode scanners, mobile computers, RFID systems and printers for supply-chain and field workforces. Honeywell acquired it in an all-cash deal to scale up its Scanning & Mobility business and strengthen its automatic identification and data capture (AIDC) position.

59 RAE Systems · San Jose, California, USA $338M
Announced Apr 2013 Closed Jun 2013 Acquisition

RAE Systems, of San Jose, California, was a global manufacturer of fixed and portable gas and radiation detection systems and software, with 2012 sales of about $107 million serving government, oil and gas, industrial and emergency-response markets. Honeywell acquired it to strengthen its gas-detection and analytics offering within its Life Safety business.

60 Saia Burgess Controls · Switzerland (Murten) $130M
Announced Oct 2012 Closed Feb 2013 Cash acquisition

Saia Burgess Controls (SBC), based in Murten, Switzerland, makes intelligent building and energy controls, including programmable controllers, touch-screen panels, submeters, counters and timers for HVAC, energy management and machine/infrastructure applications. Honeywell acquired it from Johnson Electric to expand its commercial building-controls portfolio in Europe.

61 Thomas Russell Co. (Thomas Russell L.L.C.) · Tulsa, Oklahoma, USA $525M
Announced Oct 2012 Closed Oct 2012 Acquisition of a 70% controlling interest in cash, with a right/obligation over the remaining 30% priced on a multiple of average annual operating income

Honeywell's UOP business acquired a 70 percent controlling interest in Thomas Russell Co., a privately held provider of technology and equipment for natural-gas processing and treating, primarily serving the U.S. market. Honeywell paid approximately $525 million for the 70 percent stake, with put/call rights over the remaining 30 percent tied to future operating-income performance through 2015. The deal was consolidated into Honeywell's Performance Materials and Technologies segment. ~$525 million (70% controlling interest).

62 INNCOM International · Niantic (East Lyme), Connecticut, USA Not disclosed
Announced Jun 2012 Closed Jun 2012 Acquisition of a privately held company; financial terms undisclosed

INNCOM International is a privately held manufacturer of software-based energy-management systems and in-room controls (thermostats, lighting, occupancy sensing and guest-room automation) for the lodging, healthcare and education markets, with devices installed in more than 800,000 hotel rooms for brands including Hilton, Sheraton, Hyatt, St. Regis, Four Seasons and Radisson. Honeywell acquired the company and integrated it into its Environmental & Combustion Controls business within Automation and Control Solutions.

63 King's Safety Shoes (King's Safetywear) · Singapore (manufacturing and sales across Asia) $331M
Announced Nov 2011 Closed Dec 2011 Cash acquisition

King's Safetywear Limited is an international manufacturer of branded industrial safety footwear, selling under the KING'S, OTTER and OLIVER brands to heavy and light industry across Asia. Honeywell acquired the company from private-equity owner Navis Capital Partners to expand its personal protective equipment business, especially in high-growth Asian markets.

64 EMS Technologies, Inc. · United States (Norcross, Georgia) $491M
Announced Jun 2011 Closed Aug 2011 All cash
rugged mobile computingsatellite communicationsscanning and mobilityglobal trackingairborne connectivity

A leading provider of connectivity solutions for mobile networking, rugged mobile computers, and satellite communications. EMS's Global Resource Management division supplied ruggedized mobile computing products and secure satellite-based asset tracking, while its Aviation division offered airborne satellite communications. approximately $491 million.

Why it was attractive
  • Purchase price of approximately 13x EMS's 2010 EBITDA (approximately 9x excluding certain corporate costs)
  • leading positions in high-growth connectivity
  • scanning and mobility
  • and satcom markets
EMS is a terrific addition to Honeywell, adding leading positions in attractive markets that are closely aligned with favorable trends in the growing Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) space and commercial aerospace, as well as being highly complementary to our existing businesses.Dave Cote — Chairman and CEO, Honeywell
65 Sperian Protection · France (Euronext: SPR); global operations $1.4B
Announced May 2010 Closed Oct 2010 All cash
personal protective equipmenthead-to-toe safety productsrespiratory protectioneye and face protection

A France-based global manufacturer of personal protection equipment (PPE) listed on Euronext Paris. The combination with Honeywell's Life Safety division was positioned to create a leading global provider of personal protection equipment across general industrial, construction, fire service and electrical safety segments. approximately $1.4 billion.

Why it was attractive
  • EUR117 per share all-cash offer represented a 93% premium to the last unaffected share price and a 67% premium over a prior offer by Cinven
  • Essilor and Mrs. Dalloz (28% of share capital) agreed to tender
Sperian Protection's Board of Directors has unanimously approved the tender offer agreement and intends to recommend Honeywell's offer upon receipt of a fairness opinion from an independent expert.Honeywell — press release (May 19, 2010)
66 E-Mon · Langhorne, Pennsylvania, USA Not disclosed
Closed Jul 2010 Acquisition

E-Mon, LLC of Langhorne, Pennsylvania was a leading maker of solid-state electric submeters, automatic meter-reading and billing software and related energy-management products. Honeywell acquired it to broaden its energy-efficiency, green-building and smart-grid portfolio within Environmental and Combustion Controls.

67 Matrikon · Edmonton, Alberta, Canada $139M
Announced May 2010 Closed Jun 2010 Acquisition

Matrikon, based in Edmonton, Canada, provided software to manage production, optimize operations and monitor assets at industrial plants across oil and gas, refining, power and mining, and was well known for its MatrikonOPC connectivity products. Honeywell acquired it to strengthen the Advanced Solutions business within Honeywell Process Solutions.

68 Akuacom · United States (San Rafael, California) Not disclosed
Announced May 2010 Closed May 2010 Acquisition

Akuacom, based in San Rafael, California, was a leader in automated demand response for the smart grid; its Demand Response Automation Server gives utilities and system operators two-way communication with commercial and industrial energy-management systems (based on the OpenADR standard). Honeywell acquired it to expand its automated demand-response and smart-grid offerings.

69 RMG Group · Kassel, Germany $416M
Disclosed in 8-K Acquisition

Honeywell acquired the RMG Group (RMG Regel + Messtechnik GmbH and subsidiaries), a Kassel, Germany-based global leader in natural-gas measurement and control products, services and integrated solutions including flow-metering, regulating and safety devices. RMG was integrated into Honeywell Process Solutions within the Automation and Control Solutions segment.

70 Callidus Technologies · Tulsa, Oklahoma, USA Not disclosed
Announced Oct 2008 Closed Dec 2008 Acquisition

Callidus Technologies of Tulsa, Oklahoma designed and fabricated custom industrial combustion products, including refinery burners and controls, flares and thermal oxidizers. Honeywell acquired it to expand its combustion and process-heat offerings; the business was later folded into Honeywell UOP.

71 Metrologic Instruments · United States (Blackwood, New Jersey) $720M
Announced Apr 2008 Closed Jul 2008 All-cash acquisition

Metrologic Instruments is a manufacturer of laser and image-based barcode scanning and data-capture hardware and software for retail point-of-sale, industrial, healthcare and distribution applications. Honeywell acquired it to expand its growing laser, imaging and enterprise-mobility business within data capture.

72 Norcross Safety Products L.L.C. · United States (Oak Brook, Illinois) $1.2B
Announced Apr 2008 Closed Jul 2008 All cash
personal protective equipmentfire service protective gearutility safety equipmentindustrial safety products

A leading manufacturer of personal protective equipment based in Oak Brook, Illinois and majority owned by Odyssey Investment Partners. Norcross produced highly engineered and patented protective and safety equipment for the fire service, utility and general industrial worker segments. approximately $1.2 billion.

Why it was attractive
  • Moves Honeywell into the large
  • growing PPE segment with patented
  • highly engineered products and trusted brands serving fire service
  • utility and industrial customers
From emergency responders, to electrical workers to the industrial workforce, Norcross's innovative solutions protect those who work in environments where safety protection is paramount.Roger Fradin — President and CEO, Honeywell Automation and Control Solutions
With more than 100 years of industry experience, best-in-class solutions and trusted brands, and a strong management team with exceptional talent and depth, Norcross is a globally recognized industry leader that will bolster our offerings to our customers in key Life Safety segments.Roger Fradin — President and CEO, Honeywell Automation and Control Solutions
73 Handheld Products (Hand Held Products, Inc.) · United States (Skaneateles Falls, New York) $390M
Announced Oct 2007 Closed Dec 2007 Cash acquisition of a privately held company

Hand Held Products, Inc. was a privately held automatic identification and data collection (AIDC) company known for its Adaptus Imaging Technology and an extensive portfolio of handheld barcode scanners. Honeywell acquired it to expand its scanning and mobility data-capture business within Automation and Control Solutions.

74 Maxon Corporation · Muncie, Indiana, USA $185M
Closed Nov 2007 Acquisition

Maxon Corporation was a privately held Muncie, Indiana maker of industrial combustion equipment, including burners, gas valves and engineered systems for process heating. Honeywell acquired it to extend its Environmental and Combustion Controls business beyond residential and commercial markets into industrial process heat.

75 Enraf Holdings B.V. · Netherlands (Delft) $264M
Announced Jun 2007 Closed Aug 2007 Cash acquisition

Enraf Holding B.V. (a division of Delft Instruments) provides precision tank-gauging and measurement systems and software for the control and management of transportation, storage and blending operations in the oil and gas industry. Honeywell acquired it to strengthen Honeywell Process Solutions' terminal-automation and measurement offerings.

76 Dimensions International · Alexandria, Virginia, USA $230M
Disclosed in 8-K Acquisition

Honeywell acquired Dimensions International, an Alexandria, Virginia-based defense logistics business providing logistics support to the U.S. Army, Navy, Air Force, Marine Corps, Coast Guard and other defense agencies worldwide. The company was integrated into Honeywell's Aerospace defense and space operations to expand its equipment repair, refurbishment and reset capabilities.

77 ActivEye, Inc. · Briarcliff Manor, New York, USA Not disclosed
Announced Feb 2007 Closed Mar 2007 Acquisition of a privately held company; financial terms undisclosed

ActivEye was a developer of intelligent video-analytics software (including its Active Alert product line) that automatically detects events and behaviors in security and surveillance video feeds. Honeywell acquired the company to embed video analytics into its security and video-surveillance portfolio, moving beyond hardware into software-driven intelligent monitoring. ActivEye employees became Honeywell employees effective March 1, 2007.

78 Ex-Or · United Kingdom Not disclosed
Disclosed in 8-K Acquisition; terms undisclosed

Ex-Or, founded in 1984, develops, manufactures and distributes intelligent energy-saving lighting controls, including managed lighting systems combining presence detection with energy efficiency for public- and private-sector buildings. Honeywell placed it in the Environmental Controls and Combustion business within Automation and Control Solutions, retaining the Ex-Or brand.

79 First Technology plc · United Kingdom (LSE: FRS); global operations $406M
Announced Jan 2006 Closed Mar 2006 All cash
gas sensinggas detection sensors and instrumentationsafety and analysis

A UK-listed company operating globally in Gas Sensing (sensors and instrumentation), Automotive & Special Products, and Safety & Analysis. Honeywell integrated First Technology's Gas Sensing business into its Automation and Control Solutions business and folded it into the newly formed Honeywell Analytics gas-detection business. GBP 406 million (US$718 million).

Why it was attractive
  • Strong strategic fit and realizable cost synergies with Honeywell's Life Safety division (including Zellweger Analytics
  • a global leader in gas detection)
  • sales
  • channel and distribution synergy potential with Honeywell's ACS business
First Technology is a great fit with Honeywell. This acquisition strengthens Honeywell's presence in the fast-growing gas detection segment, which we entered last year when we acquired Zellweger Analytics. Our newly formed Honeywell Analytics business now includes a broader array of gas sensing and detection solutions for customers in this high-growth industry.Dave Cote — Chairman and CEO, Honeywell
80 Gardiner Group · Paris, France (branches across Europe) Not disclosed
Disclosed in 8-K Acquisition

Honeywell acquired the Gardiner Groupe, a Paris-based distributor of CCTV, fire, intrusion, access-control, public-address and integrated security systems operating through branches across Europe. The acquisition expanded Honeywell's security-products distribution reach in Europe within its Automation and Control Solutions segment.

81 UOP LLC (remaining 50% interest) · Des Plaines, Illinois, USA $825M
Announced Oct 2005 Closed Nov 2005 Joint-venture buy-out: Honeywell Specialty Materials LLC acquired Union Carbide's 50% membership interest in UOP LLC

UOP is a leading international supplier and licensor of process technology, catalysts, engineered process plants and consulting services for the petroleum refining, petrochemical and gas-processing industries, with roughly $1.2 billion in annual sales and about 3,000 employees. It had operated since 1988 as a 50/50 joint venture between Honeywell (and predecessor AlliedSignal) and Dow Chemical's Union Carbide subsidiary. Honeywell's Specialty Materials unit bought Union Carbide's remaining 50% membership interest, taking UOP to full Honeywell ownership.

The addition of UOP, a recognized technology leader in the critical energy sector, further strengthens Specialty Materials' portfolio of growth-oriented businesses.Nance Dicciani — President and CEO, Honeywell Specialty Materials
82 Novar plc · United Kingdom; international operations (including European presence) $1.2B
Announced Dec 2004 Closed Mar 2005 All cash
intelligent building systemssecurityfire and building controlsEuropean building automation distribution

An international group with core divisions in Intelligent Building Systems (IBS), Indalex Aluminum Solutions, and Security Printing Services. Honeywell acquired Novar primarily for its Intelligent Building Systems unit, which enhanced Honeywell's security, fire and building controls offering and expanded its European presence. GBP 1.2 billion (US$2.4 billion).

Why it was attractive
  • Recommended by the Novar board
  • expands European footprint and building-controls product line
  • expected to be accretive to Honeywell's 2005 EPS. Honeywell later divested Novar's non-core Indalex and Security Printing Services units
This acquisition is an excellent opportunity to further expand our Automation and Control Solutions business.Honeywell — press release (December 13, 2004)
83 Friedland · United Kingdom Not disclosed
Announced Dec 2004 Closed Mar 2005 Acquired as part of the cash acquisition of Novar plc

Friedland is a UK-based maker of doorbells, chimes and wired/wireless door-entry signalling products. Honeywell obtained the Friedland brand when it acquired Novar plc in 2005; Friedland was part of Novar's intelligent building-products operations and is now sold under Honeywell's home and building controls brands.

84 Lebow (Lebow Products) · United States (Troy, Michigan) Not disclosed
Disclosed in 8-K Acquisition; terms undisclosed

Lebow, based in Troy, Michigan, was a leading manufacturer of automotive and aerospace force and torque sensors and load cells. Honeywell added it to its Sensing and Control business to expand its load-cell offering and move into torque sensors, following its Sensotec (2003) and Invensys Sensor Systems (2002) sensing acquisitions.

The acquisition of Lebow expands our offering of load-cell products, but even more exciting is it takes us to an entirely new level in our offering of torque sensors.Ron Sansom — President of Honeywell's Sensing and Control group
85 HomMed, LLC · Brookfield, Wisconsin, USA Not disclosed
Announced Dec 2004 Closed Dec 2004 Acquisition of a privately held company; financial terms undisclosed

HomMed was a provider of home-based remote patient monitoring and telehealth systems that let clinicians track patients' vital signs daily for chronic-disease management and post-acute care. Honeywell acquired the company to enter connected-home healthcare and remote patient monitoring; it operated as Honeywell HomMed and was later renamed Honeywell Life Care Solutions. HomMed employees became Honeywell employees on December 17, 2004.

86 Electro-Radiation Incorporated (ERI) · United States (Fairfield, New Jersey) Not disclosed
Announced Oct 2004 Closed Oct 2004 Asset/technology acquisition

Electro-Radiation Incorporated (ERI), based in Fairfield, New Jersey, developed anti-jam (interference-suppression) technology for GPS and other navigation applications. Honeywell acquired ERI's technology, related intellectual property, customer lists and existing contracts to strengthen the anti-jam capabilities of its embedded GPS/INS navigation products for military and aerospace platforms.

87 Vindicator Technologies Inc. · United States (Austin, Texas) Not disclosed
Disclosed in 8-K Acquisition; terms undisclosed

Vindicator, founded in 1973 in Austin, Texas, built integrated security systems combining facility access control, intrusion and perimeter detection and CCTV, favored by high-security sites such as U.S. military facilities and prisons. Honeywell added it to its Security business to strengthen perimeter-security and mission-critical detection capabilities.

88 FutureSmart · United States Not disclosed
Announced Dec 2003 Closed Dec 2003 Acquisition

FutureSmart (FutureSmart Systems) was a US home-networking / structured-wiring company (roughly $5 million in 2002 revenue). Honeywell acquired it in 2003 to build out its home and building controls offering in the then-emerging residential connectivity and home-networking market.

89 The Gamewell Company · United States (Ashland, Massachusetts) Not disclosed
Disclosed in 8-K Acquisition of privately held company; purchase price not released

Gamewell, a 150-year-old privately held maker of commercial fire systems in Ashland, Massachusetts, was known for its distinctive red fire-alarm street boxes and for introducing the first wide-area network fire-reporting system. Honeywell's Fire Solutions Group acquired it to strengthen its commercial fire controls and detection position; Honeywell's SEC filing cited completing the Gamewell acquisition as a world leader in fire controls and fire detection technology.

90 Sensotec · Columbus, Ohio, USA Not disclosed
Disclosed in 8-K Asset acquisition

Honeywell's Automation and Control Solutions unit acquired the assets of Sensotec Inc., a Columbus, Ohio supplier of pressure, force and other sensors and of telemetry-based systems for gathering and transmitting sensor data from rotating machinery. Sensotec became part of Honeywell's Sensing and Control unit, adding pressure sensing and wireless capabilities.

91 Ultrak, Inc. (closed-circuit television / CCTV business) · Lewisville, Texas, USA $36M
Announced Aug 2002 Closed Dec 2002 Purchase of assets and certain liabilities of Ultrak's CCTV business

Ultrak was a provider of closed-circuit television (CCTV) and video-surveillance equipment and systems. Honeywell Automation and Control Solutions purchased Ultrak's CCTV business — assets and certain liabilities spanning the United States, Germany, Italy, Poland, South Africa, Australia, Singapore and the United Kingdom — with roughly 300 of Ultrak's employees joining Honeywell, which also licensed the Ultrak name. After the sale, Ultrak renamed itself American Building Control, Inc.

92 Invensys Sensor Systems · Shelby, North Carolina, USA (13 facilities across six countries) $416M
Disclosed in 8-K Acquisition

Honeywell's Automation and Control Solutions business acquired Invensys Sensor Systems, a global supplier of sensors and controls used in medical, office-automation, aerospace, HVAC, automotive, off-road-vehicle and consumer-appliance applications. The business, headquartered in Shelby, North Carolina, operated 13 manufacturing facilities across six countries and became part of Honeywell's Sensing and Control unit.

93 Mora Moravia (aerospace operations) · Czech Republic (Hlubocky-Marianske Udoli / Olomouc) Not disclosed
Disclosed in 8-K Acquisition of the aerospace division of Mora Moravia

Honeywell acquired the aerospace manufacturing operations of Czech firm Mora Moravia in 2002, forming what is now Honeywell Aerospace Olomouc in Hlubocky-Marianske Udoli. The site makes static components for jet engines and auxiliary power units; only the aerospace division was taken by Honeywell (the domestic-appliance business later passed to Gorenje in 2004).

94 AlliedSignal Inc. (1999 combination with Honeywell Inc.) · AlliedSignal: Morristown, New Jersey, USA; Honeywell Inc.: Minneapolis, Minnesota, USA Not disclosed
Announced Jun 1999 Closed Dec 1999 Stock-for-stock merger

This transaction was not a conventional Honeywell acquisition but the merger that created the modern company. On December 1, 1999, a wholly owned subsidiary of AlliedSignal Inc. merged with and into Honeywell Inc., making Honeywell Inc. a subsidiary of AlliedSignal; at the effective time AlliedSignal renamed itself Honeywell International Inc. The combined company kept Honeywell Inc.'s well-known brand and adopted the HON ticker, so AlliedSignal was the legal acquirer/surviving entity while the Honeywell name and identity carried forward.

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