HONEYWELL INTERNATIONAL INC acquired Ex-Or, a transaction completed in 2007, structured as Acquisition; terms undisclosed.
Ex-Or operates in Automation and Control Solutions (Environmental & Combustion Controls), is based in United Kingdom. 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.
Add energy-saving managed lighting controls and presence-detection technology to Honeywell's building-controls portfolio.
Advisory firms were not disclosed for this transaction.