M&A Deal Summary

Honeywell Acquires Intelligrated

On July 1, 2016, Honeywell acquired machinery company Intelligrated from Permira for 1.5B USD

Acquisition Highlights
  • This is Honeywell’s 2nd transaction in the Machinery sector.
  • This is Honeywell’s 8th largest (disclosed) transaction.
  • This is Honeywell’s 42nd transaction in the United States.
  • This is Honeywell’s 2nd transaction in Ohio.

M&A Deal Summary
Date 2016-07-01
Target Intelligrated
Sector Machinery
Buyer(s) Honeywell
Sellers(s) Permira
Deal Type Add-on Acquisition
Deal Value 1.5B USD

Target

Intelligrated

Mason, Ohio, United States
Intelligrated, Inc. is a provider of automated material handling solutions, services and products. Intelligrated designs, manufactures and installs complete material handling automation solutions for the warehousing, distribution, consumer product manufacturing, postal and parcel markets.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 65 of 84
Sector (Machinery) 2 of 3
Type (Add-on Acquisition) 49 of 64
State (Ohio) 2 of 2
Country (United States) 42 of 56
Year (2016) 4 of 4
Size (of disclosed) 8 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-01 RSI Video Technologies SA

Strasbourg, France

RSI Video Technologies SA is a provider of intrusion detection systems for commercial and residential security applications under the brand Videofied.

Buy $123M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-12 Honeywell Technology Solutions

Columbia, Maryland, United States

Honeywell Technology Solutions, Inc. is a provider of professional space, security, logistics and manpower services in the Government Services market.

Sell $300M

Seller(S) 1

SELLER

Permira

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1985
PE ASSETS 75.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Permira is a mega-sized private equity firm that targets large company investments around the world. Permira invests to support acquisitions, leveraged buyouts, take-privates, turnarounds, and growth buyouts. Areas of interest include healthcare, financial services, chemicals, consumer products and services, industrial products and services, technology, media, and telecom. Permira will consider opportunities in Europe, Asia, and North America. Permira was formed in 1985 and has offices in Menlo Park, Frankfurt, Luxembourg, London, Hong Kong, Madrid, Milan, Paris, Stockholm, Tokyo, Guernsey and New York City.

DEAL STATS #
Overall 59 of 90
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 19 of 30
State (Ohio) 1 of 1
Country (United States) 6 of 19
Year (2016) 5 of 6
Size (of disclosed) 19 of 37
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-30 Sisal

Milan, Italy

Sisal is an operator in the Italian gaming market as a government licensee. Through its capillary network of 47,000 points of sale, the company in excess of 500 payment services to the Italian public which are still primarily reliant on traditional cash payments. Sisal is based in Milan, Italy.

Sell €1.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-12 Tesch Inkasso

Wiehl, Germany

Tesch Inkasso is a German midcap firm active in the field of debt collection services.

Sell -
Mergr

Product

Company

Legal