M&A Deal Summary

Honeywell Acquires AlliedSignal Aerospace

On June 9, 1997, Honeywell acquired aerospace company AlliedSignal Aerospace

Acquisition Highlights
  • This is Honeywell’s 1st transaction in the Aerospace sector.
  • This is Honeywell’s 3rd transaction in the United States.
  • This is Honeywell’s 1st transaction in Indiana.

M&A Deal Summary
Date 1997-06-09
Target AlliedSignal Aerospace
Sector Aerospace
Buyer(s) Honeywell
Deal Type Add-on Acquisition

Target

AlliedSignal Aerospace

Mishawaka, Indiana, United States
AlliedSignal Aerospace manufactures and markets aircraft engines, equipments, and systems.

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Buyer(S) 1

Buyer

Honeywell

Charlotte, North Carolina, United States
Category Company
Founded 1885
Sector Diversified
Employees95,000
Revenue 36.7B USD (2023)
DESCRIPTION
Honeywell office in Hyderabad, India.
Honeywell office in Hyderabad, India.

Honeywell is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. Honeywell was founded in 1885 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 3 of 84
Sector (Aerospace) 1 of 7
Type (Add-on Acquisition) 2 of 64
State (Indiana) 1 of 2
Country (United States) 3 of 56
Year (1997) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-09 Prestone Products

Danbury, Connecticut, United States

Prestone Products Corporation is a producer of branded and private label automotive antifreeze. The company also holds leadership positions in several car care categories, including cooling system products, ice fighters and brake and power steering fluids.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-06-07 Honeywell

Minneapolis, Minnesota, United States

Honeywell Inc. was a former manufacturer of electronic controls. In 1999, Allied Signal acquired Honeywell and changed the name of the combined company to Honeywell International.

Buy $13.8B
Mergr

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