Howden - M&A Summary, Ownership, and Business Overview

MachineryCompany

Howden M&A Summary

Howden has acquired 3 companies of its own, including 3 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2023, when it sold Howden Roots to Ingersoll Rand for $300M. Howden has acquired in 2 different US states, and 2 countries. The Company’s most targeted sectors include manufacturing (67%) and business services (34%).

Howden Ownership

Who owns Howden?

Howden is owned by Chart Industries. It was acquired on November 9, 2022.

Was Howden formerly PE-backed?

Yes. Howden was formerly owned by 1 private investor.

Howden Business Overview

Where is Howden headquartered?

Howden is headquartered in Renfrew, United Kingdom.

What sector is Howden in?

Howden is a machinery company.

When was Howden founded?

Howden was founded in 1854.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity3
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 3

Howden

Howden Group Ltd.

Old Govan Road,
Renfrew, PA4 8XJ
United Kingdom,
www.howden.com

Howden is a provider of mission-critical air and gas handling products, technologies, and services. Howden supports multiple sectors including infrastructure, power generation, oil & gas, wastewater, metals, mining, and transportation. Howden was founded in 1854 and is based in Renfrew, Scotland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # - - 3 - - - 3
Sell (0.2/yr) # - - - - 1 - 1
vol $300M $300M
  4

Most Recent M&A

Company Date Value Type
Howden Roots LLC 2023-06-12 300M USD Divestiture
Connersville, Indiana
Compressor Products International, Inc. 2021-10-12 - Divestiture
Stafford, Texas · www.cpicompression.com
The Spencer Turbine Co. 2021-10-05 - Add-on Acquisition
Windsor, Connecticut · www.spencerturbine.com
Fancraft (Pty) Ltd. 2021-06-07 - Add-on Acquisition
Sasolburg, South Africa · www.fancraft.co.za
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Manufacturing 2 (67%) - - -
Business Services 1 (33%) - - -
Machinery - - 1 (100%) 300M (100%)
Total 3 - 1 $300M

By Geo

State/Country Buy Value Sell Value
United States 2 - 1 300M
  Texas 1 - - -
  Connecticut 1 - - -
  Indiana - - 1 300M
South Africa 1 - - -
Domestic - - - -
Cross-border 3 (100%) - 1 (100%) 300M (100%)
Total 3 - 1 $300M

Deal Values

sell # Total
$100M to $1B 1 $300M
TOTAL $300M
Largest Howden Roots LLC
$300M (2023-06-12)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Strategic(s)
33%
1 (33%)
Divested to
Strategic(s)
100%
1 (100%)

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