M&A Deal Summary

Honeywell Acquires Sensotec

On February 12, 2003, Honeywell acquired semiconductors company Sensotec

Acquisition Highlights
  • This is Honeywell’s 1st transaction in the Semiconductors sector.
  • This is Honeywell’s 12th transaction in the United States.
  • This is Honeywell’s 1st transaction in Ohio.

M&A Deal Summary
Date 2003-02-12
Target Sensotec
Sector Semiconductors
Buyer(s) Honeywell
Deal Type Add-on Acquisition

Target

Sensotec

Columbus, Ohio, United States
Sensotec, Inc. is a supplier of sensors for measuring pressure, torque, load, temperature, force, acceleration and displacement. These products are used extensively in test and measurement applications in the automotive, oil and gas, aviation, semiconductor, industrial and medical industries.

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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 13 of 84
Sector (Semiconductors) 1 of 3
Type (Add-on Acquisition) 7 of 64
State (Ohio) 1 of 2
Country (United States) 12 of 56
Year (2003) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-07 Baker Electronics

Sarasota, Florida, United States

Baker Electronics, Inc. is a supplier of aircraft cabin management systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-03-13 The Gamewell

Ashland, Massachusetts, United States

The Gamewell Co. is a manufacture of commercial fire control panels and emergency life-safety systems.

Buy -
Mergr

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