# Honeywell acquires Ortloff Engineers

Honeywell has acquired Ortloff Engineers Ltd., a privately held licensor and developer of natural gas liquids recovery technologies. The acquisition closed on August 31, 2018, and terms were not disclosed.

- Type: Acquisition
- Announced: 2018-08-31
- Where: Des Plaines, Illinois, United States
- Status: completed
- Products: natural gas liquids recovery technologies
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Honeywell](https://endata.com/companies/621.md)
- [Honeywell](https://endata.com/companies/621.md) (acquirer)
- [Garrett Motion](https://endata.com/companies/8055.md) (target)
- [Ortloff Engineers](https://endata.com/companies/19219.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/honeywell-completes-spin-off-of-garrett-motion-inc--announces-acquisition-of-transnorm-leading-provider-of-warehouse-automation-solutions-300721642.html), 2018-10-01: "Honeywell also announced that it has completed its spin-off of Garrett Motion Inc., Honeywell's former Transportation Systems business."
- [bicmagazine.com](https://www.bicmagazine.com/industry/investment-banking/nov-18-mergers-acquisitions-marketplace/), 2018-11-12: "Honeywell has acquired Ortloff Engineers Ltd., a privately held licensor and industry-leading developer of specialized technologies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.