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Honeywell completed its acquisition of Transnorm, a warehouse automation solutions provider, from IK Investment Partners for approximately €425 million. Transnorm will become part of Honeywell Safety and Productivity Solutions.
“Transnorm is an excellent addition to our portfolio of warehouse automation solutions, and will help us better support European distribution centers and parcel delivery providers that are responding to significant e-commerce growth.”prnewswire.com
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