HONEYWELL INTERNATIONAL INC acquired Burtek Systems Corporation, a transaction completed in June 2007, structured as Asset/business purchase (Burtek Systems Corporation and the Security Systems Division acquired from Richardson Electronics Ltd.).
Burtek Systems Corporation operates in Automation and Control Solutions (ADI Global Distribution / Security), is based in Canada (with branches in the United States, Europe and Latin America). 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.
Expand Honeywell's ADI global security and low-voltage distribution footprint and branch coverage in North America and internationally.
Advisory firms were not disclosed for this transaction.