M&A Deal Summary

Honeywell Acquires Burtek Systems

On April 30, 2007, Honeywell acquired electrical equipment company Burtek Systems for 80M USD

Acquisition Highlights
  • This is Honeywell’s 4th transaction in the Electrical Equipment sector.
  • This is Honeywell’s 33rd largest (disclosed) transaction.
  • This is Honeywell’s 5th transaction in Canada.
  • This is Honeywell’s 2nd transaction in British Columbia.

M&A Deal Summary
Date 2007-04-30
Target Burtek Systems
Sector Electrical Equipment
Buyer(s) Honeywell
Deal Type Add-on Acquisition
Deal Value 80M USD

Target

Burtek Systems

Burnaby, British Columbia, Canada
Burtek Systems Corporation and the Security Systems Division of Richardson Electronics.

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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 33 of 84
Sector (Electrical Equipment) 4 of 6
Type (Add-on Acquisition) 24 of 64
State (British Columbia) 2 of 2
Country (Canada) 5 of 6
Year (2007) 2 of 7
Size (of disclosed) 33 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-28 ActivEye

Briarcliff Manor, New York, United States

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-22 Dimensions International

Alexandria, Virginia, United States

Dimensions International, Inc. provides logistics support for the U.S. Army, Navy, Air Force, Marine Corps, Coast Guard and other defense agencies located at military facilities in the Middle East and throughout the world.

Buy $230M
Mergr

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