Loading…

IK Investment Partners agreed to sell Transnorm Group, a provider of conveyor automation for warehouses, to Honeywell International for approximately €425 million. Transnorm is headquartered in Harsum, Germany, with production sites in the US and Thailand.
“IK Investment Partners has reached an agreement to sell Transnorm Group to Honeywell International for approx. MEUR 425.”ikpartners.com
Summarized from public sources; check the original articles before acting on it.