Honeywell to acquire Transnorm for €425M

Honeywell has signed an agreement to acquire Transnorm, a warehouse automation business, for approximately €425 million from IK Investment Partners. The transaction is expected to close in November 2019.

“Faced with rising e-commerce demands, distribution centres and parcel delivery providers are looking to automation solutions to improve productivity, speed and accuracy.”factoryandhandlingsolutions.co.uk

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• factoryandhandlingsolutions.co.ukHoneywell announces acquisition of Transnorm - Factory & Handling SolutionsdougwOct 18, 2019

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