Honeywell to acquire johnson matthey's catalyst technologies business, expanding portfolio of leading catalyst and process technologies
Unlocks strategic growth by increasing honeywell's installed base and creating a more integrated offering across catalyst and process technologies expands honeywell uop's capabilities with addition of significant installed base across refining, petrochemical and renewable fuels enhances honeywell's existing catalyst portfolio with complementary offerings and grows renewable fuels capabilities anticipated synergies with both uop and honeywell process solutions businesses, benefiting from honeywell's leading aftermarket capabilities expected to be accretive to honeywell's adjusted eps in the first full year of ownership and to add attractive high growth vectors with runway for material cost synergies charlotte, n.c. , may 22, 2025 /prnewswire/ -- honeywell (nasdaq: hon) today announced that it has agreed to acquire johnson matthey's catalyst technologies business segment for £1.8 billion in an all-cash transaction, representing approximately 11x estimated 2025 ebitda, inclusive of tax benefits and run-rate cost synergies.
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