HONEYWELL INTERNATIONAL INC acquired Sempra Energy Services, structured as Acquisition of business unit (energy services group of Sempra Generation).
Sempra Energy Services operates in Automation and Control Solutions (Honeywell Building Solutions), is based in United States (San Diego, California). Honeywell agreed to acquire the energy services group of Sempra Generation, a subsidiary of Sempra Energy, which provided energy performance-contracting solutions to government, healthcare, education and other institutional customers. The business was folded into Honeywell Building Solutions to expand Honeywell's energy-efficiency and building-management services.
Expand Honeywell Building Solutions' energy performance-contracting and energy-management services for institutional and government customers.
Advisory firms were not disclosed for this transaction.