HONEYWELL INTERNATIONAL INC acquired Olympo Controls, a transaction completed in December 2003, structured as Acquisition; terms undisclosed.
Olympo Controls operates in Automation and Control Solutions (Security), is based in Europe. 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.
Expand Honeywell's security-systems distribution and integrated intruder/fire/CCTV/access product reach.
Advisory firms were not disclosed for this transaction.