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Honeywell to acquire Civitanavi Systems for €200 million · Endata

◂ Announcements

Aerospace Componentsworld trade 2024+1.2% 5Y CAGR

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Mar 27, 2024ACQUISITIONItaly

Honeywell to acquire Civitanavi Systems for €200 million

Honeywell announced its intention to acquire Civitanavi Systems S.p.A., a leader in high-precision inertial navigation and stabilization solutions, for approximately €200 million to strengthen autonomous operations offerings in aerospace.

Value

$217.0M (200.0M EUR)

Status

Announced

Productshigh-precision inertial navigation systemsstabilization solutions

CompaniesHoneywell acquirer Civitanavi Systems target

Sectors#Aerospace Components #Automation and Robotics

“Honeywell today announced the intention to acquire the entire share capital of Civitanavi Systems S.p.A.”honeywell.com

1 source
honeywell.comHoneywell to Acquire Civitanavi Systems to Strengthen Autonomous Operations Offerings in Aerospace and Expand European FootprintMar 26, 2024

Summarized from public sources; check the original articles before acting on it.

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