HONEYWELL INTERNATIONAL INC acquired SCAME Sistemi, s.r.l., a transaction announced in November 29, 2017, structured as Acquisition of privately held company; terms undisclosed.
SCAME Sistemi, s.r.l. operates in Home and Building Technologies (Fire), is based in Italy (Arluno, Milan). 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.
Add integrated fire-and-gas detection, management and suppression software/hardware to Honeywell's connected-building and industrial safety portfolio.
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
Advisory firms were not disclosed for this transaction.