M&A Deal Summary

Honeywell Acquires Callidus Technologie

On December 4, 2008, Honeywell acquired machinery company Callidus Technologie

Acquisition Highlights
  • This is Honeywell’s 1st transaction in the Machinery sector.
  • This is Honeywell’s 30th transaction in the United States.
  • This is Honeywell’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2008-12-04
Target Callidus Technologie
Sector Machinery
Buyer(s) Honeywell
Deal Type Add-on Acquisition

Target

Callidus Technologie

Tulsa, Oklahoma, United States
Callidus Technologie LLC, a manufacturer of custom-designed and fabricated industrial combustion products, including refinery burners and controls, flares and thermal oxidizers. Designs, supplies and commissions environmental and combustion equipment and services worldwide, primarily for the oil and gas and petrochemicals industries. Callidus sells through a global network of manufacturing representatives and has sales offices in London, Mumbai, Tokyo and Shanghai.

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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 43 of 84
Sector (Machinery) 1 of 3
Type (Add-on Acquisition) 33 of 64
State (Oklahoma) 1 of 2
Country (United States) 30 of 56
Year (2008) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-03 Intelligent Automation

Poway, California, United States

Intelligent Automation Corp. is a supplier of helicopter on-board diagnostic systems used in both military and commercial aircraft.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-29 RMG

Offenbach, Germany

Natural gas control and metering equipment and services.

Buy $400M
Mergr

Product

Company

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