Honeywell to acquire sundyne to expand critical equipment portfolio and aftermarket services
Honeywell's strategic growth will be bolstered by the addition of sundyne's differentiated products that address the increasing global need for energy security sundyne's installed base across refining and petrochemicals, liquefied natural gas and clean and renewable fuels will expand the capabilities of honeywell's energy and sustainability solutions business segment combination will enhance honeywell's end-to-end solutions in process technologies and critical equipment, alongside automation and control systems enabled by honeywell forge honeywell's global footprint and customer relationships will also expand the available market for sundyne's unique offerings and services acquisition is expected to be immediately accretive to honeywell's sales growth and segment margins, as well as to adjusted eps in the first full year of ownership charlotte, n.c. , march 4, 2025 /prnewswire/ -- honeywell (nasdaq: hon) today announced that it has agreed to acquire sundyne from private equity firm warburg pincus for $2.16 billion in an all-cash transaction.
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