M&A Deal Summary

Honeywell Acquires Honeywell

On June 7, 1999, Honeywell acquired diversified company Honeywell for 13.8B USD

Acquisition Highlights
  • This is Honeywell’s 1st transaction in the Diversified sector.
  • This is Honeywell’s 2nd largest (disclosed) transaction.
  • This is Honeywell’s 6th transaction in the United States.
  • This is Honeywell’s 1st transaction in Minnesota.

M&A Deal Summary
Date 1999-06-07
Target Honeywell
Sector Diversified
Buyer(s) Honeywell
Deal Type Merger
Deal Value 13.8B USD

Target

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.

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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 6 of 84
Sector (Diversified) 1 of 1
Type (Merger) 2 of 3
State (Minnesota) 1 of 1
Country (United States) 6 of 56
Year (1999) 3 of 3
Size (of disclosed) 2 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-06-07 UOP

Des Plaines, Illinois, United States

UOP LLC, a supplier and licensor of process technology, catalysts, process plants and consulting services to the petroleum refining, petrochemical and gas processing industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Genesis Cable Systems

Pleasant Prairie, Washington, United States

Genesis Cable Systems LLC is a manufacturer of low-voltage wire and cable.

Buy -
Mergr

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