HONEYWELL INTERNATIONAL INC acquired Intelligrated for $1.5 billion, a transaction completed in August 2016, structured as Acquisition.
Intelligrated operates in Safety and Productivity Solutions, is based in Mason, Ohio, USA. 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.
Establish a warehouse and distribution-center automation platform serving e-commerce and fulfillment.
Advisory firms were not disclosed for this transaction.