Honeywell targets $2 billion to $4 billion deals, eyes industrial automation M&A - Reuters
Honeywell targets $2 billion to $4 billion deals, eyes industrial automation M&A Reuters
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Notable Quotes
"There is a ton of opportunity for M&A."
— Peter Lau , Executive
"way underpenetrated in solutions and software."
— Peter Lau , Executive
Key People
Brady Corporation specializes in products for identification, labeling, safety, and compliance.
Honeywell is a multinational conglomerate company known for its diverse portfolio in technology and manufacturing.
Peter Lau is the president of Honeywell's Industrial Automation unit.
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<a href="https://news.google.com/rss/articles/CBMivgFBVV95cUxQODNDSlRjelh2QVROMU5BaGtUZnhNLTN3ZzFBZy00UnFPakgxQjgxVl83TWh1NDNwb3BOeFJMbFdLUDRNTlJGOTBIRWlsMGw2ZVNHeEU4dmVWNVZhcTBMdGlhZTRpSGc3c04zOS1OclFsS2R5UEVtbDl6SDYyOEE1S214eWh1ejY2eW9fMjBWdVpTc0h0ek1vVlNucjlzNmxuOVFMVExvbkhMSUctSThXcEQwWFBfTVVxVmw1b0pR?oc=5" target="_blank">Honeywell targets $2 billion to $4 billion deals, eyes industrial automation M&A</a> <font color="#6f6f6f">Reuters</font>
Honeywell announced plans to target acquisitions valued between $2 billion and $4 billion, focusing on its industrial automation division, citing significant opportunities in the $35 billion market.
Honeywell plans to pursue bolt-on acquisitions within the $2 billion to $4 billion range, concentrating on automation and other mission-critical segments with clear commercial synergies and strong returns potential.
Honeywell anunció que tiene como objetivo realizar adquisiciones valoradas entre 2.000 y 4.000 millones de dólares, con especial atención en su división de automatización industrial.
Honeywell ha annunciato giovedì di puntare ad acquisizioni del valore compreso tra 2 e 4 miliardi di dollari, con particolare attenzione alla divisione di automazione industriale.
Honeywell arranged the sale of a division which develops mobility, scanning and data capture technologies, advancing a portfolio rationalisation programme and netting itself $1.4 billion in cash if the deal passes customary regulatory scrutiny.
Honeywell is focusing on acquisitions in the $2 billion to $4 billion range, aiming to enhance its industrial automation capabilities and identify clear commercial synergies.
Honeywell agreed to sell its Productivity Solutions and Services business to Brady Corporation for $1.4 billion, continuing its effort to simplify its industrial portfolio.
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