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Honeywell has agreed to acquire Sundyne, maker of pumps and gas compressors for process industries, from Warburg Pincus in a US$2.16 billion all-cash transaction, as listed in a January to June 2025 review.
Honeywell completed its all-cash $2.16 billion acquisition of Sundyne, a maker of pumps and gas compressors for process industries, from Warburg Pincus. The deal was announced on June 9, 2025.
Honeywell agreed to acquire pump and gas compressor maker Sundyne from private equity firm Warburg Pincus in an all-cash deal valued at $2.16 billion, about 14.5x 2024 EBITDA. The deal will expand Honeywell's Energy and Sustainability Solutions segment.
Honeywell agreed to acquire Air Products' liquefied natural gas process technology and equipment business, including coil-wound heat exchanger manufacturing, for $1.81 billion in cash, about 13x estimated 2024 EBITDA.
Honeywell announced an $84 million expansion of its Olathe, Kansas manufacturing facility, creating 156 permanent jobs plus 268 temporary construction jobs.
Honeywell agreed to acquire Compressor Controls Corporation from Indicor for $670 million to expand its Forge Performance+ asset performance management offering. The deal is expected to close in the second half of 2023.
Honeywell agreed to acquire Compressor Controls Corporation (CCC), a turbomachinery control provider, from INDICOR LLC for $670 million in an all-cash deal announced April 26, 2023. The deal is about 15x 2023E tax-adjusted EBITDA.
Thailand's PTTEP selected Honeywell as carbon capture technology supplier for its Arthit gas field in the Gulf of Thailand. Honeywell will also supply Separex membrane components, and engineering services may follow for the Arthit CCS program.
Honeywell and Aramco signed a joint venture agreement to offer end-to-end business process automation and digital transformation solutions for industrial companies, combining Aramco's Plant.Digital platform with Honeywell's software capabilities. The JV was announced in Dhahran, Saudi Arabia, on November 1, 2022.
Honeywell confirmed a $400 million investment to expand its operations in Mexico at Chihuahua, according to the state government's secretary general. The announcement was made in May 2022.
Honeywell is expanding its Baton Rouge, Louisiana facility to double the capacity of its ultra-low global warming potential Solstice ze product. The product is used in foam insulation, propellants, refrigeration and air conditioning.
Honeywell was awarded a contract by Sepco Electric Power Construction to supply connected control, telecom, safety and security systems for the King Salman International Complex for Maritime Industries and Services in Ras Al Khair, Saudi Arabia. The complex is being developed by Aramco.
Qatargas selected Honeywell as main instrument and control contractor for the North Field East LNG expansion at Ras Laffan, Qatar, with the value not disclosed.
Qatar Petroleum selected Honeywell as main instrument and control contractor for the North Field East project, developed by Qatargas. The expansion will raise Qatar's LNG output from 77 to 110 Mtpa, with production starting in 2025.
Honeywell will design and deliver the Integrated Control and Safety System for BP's offshore compression platform off Trinidad and Tobago's southeast coast, acting as main automation contractor. The announcement was made on 21 November 2019.
Kuwait Integrated Petroleum Industries Company selected Honeywell Process Solutions as main automation contractor for the PRIZe petrochemicals and refinery integration project at Al Zour, providing front-end engineering design and advanced process control technology. The announcement was made on 12 November 2019.
Honeywell is considering a potential $40 million investment to expand capacity at its Baton Rouge, Louisiana plant by 20 million pounds per year of Solstice ze refrigerant, creating 13 new jobs, with completion expected in early 2021.
Honeywell has named Mike Madsen, a long-time Aerospace executive, President and CEO of Honeywell Aerospace, effective immediately, succeeding Tim Mahoney, who moves to Senior Vice President, Enterprise Transformation.
Kuwait Integrated Petroleum Industries Company awarded Honeywell UOP the reconfiguration of the refining and petrochemicals sections of its Al-Zour refinery, including technology, design, key equipment and catalysts. The announcement is dated July 24, 2019.
Honeywell announced a $19 million modernization project with Fort Benning, a U.S. Army post on the Alabama-Georgia border, including utility monitoring, lighting controls and building envelope upgrades. The work is expected to cut energy use by about 23%.
Phu My Plastics Production JSC will use Honeywell UOP propane dehydrogenation technology to produce polymer-grade propylene at its plant in Vung Tau Province, Viet Nam, with expected output of 306,000 tonnes per year.
Honeywell opened its third plant in Russia, a greenfield facility in the Lipetsk special economic zone, on January 31, 2019. The investment exceeded 900 million rubles and the plant will eventually employ about 200 people.
Zhejiang Petrochemical (ZPC) in Zhoushan signed a memorandum of understanding with Honeywell at the China International Import Expo in Shanghai to jointly build a smart connected plant, a project worth about $80 million in contract value.
Honeywell was selected to refurbish server virtualisation, process visualisation and cybersecurity technologies at Sappi Austria Produktions' paper mill in Gratkorn, Graz-Umgebung, Austria.
Honeywell will provide 10-year logistics support for U.S. Air Force secondary power systems on seven aircraft types and ground auxiliary power systems under a $1.036 billion contract announced by the Defense Logistics Agency.
Honeywell's UOP Russell business will design and supply a 200-million-cubic-foot-per-day modular cryogenic gas processing plant for Navitas Midstream Partners to remove NGLs from gas in the Midland Basin, Texas. The announcement was made on July 10, 2018.
Honeywell will double the operational space of its Fulgaon facility in Pune to 151,000 square feet to meet growing demand for automation solutions. No cost was given.
Honeywell signed a 17-year contract with Lion Air Group to supply auxiliary power units, spare parts and aftermarket support for 620 aircraft. The announcement was made in early February 2018.
Honeywell signed three contracts with Singapore Airlines Group, covering SilkAir and Scoot, for weather radar, navigation systems, auxiliary power units, predictive maintenance and engineering support. A memorandum of understanding on connected aircraft technologies was also signed on February 5, 2018.
Honeywell subsidiary Systems Sensor Technologies plans to launch its plant in the Lipetsk special economic zone in December 2017, after investing about 400 million rubles. The plant will make electrical, automation, fire detection and gas detection equipment.
Honeywell signed Lufthansa Technik as a licensed component repair center and exclusive global asset provider for all Honeywell components and the HGT 1700 APU on Airbus A350 aircraft, announced 11 November 2017 from Dubai.
Honeywell plans to invest more than $10 million and add up to 5,000 square feet of manufacturing space at its Greer, South Carolina aerospace facility, creating about 30 jobs by 2019. South Carolina committed additional tax incentives over 20 years.
Honeywell Process Solutions will add production lines at its Elster Gazelektronika plant in Arzamas, Nizhny Novgorod region, to make gas measurement equipment and medium- and high-pressure gas regulators for the Russian market.
UOP, a Honeywell division, won a contract from Dangote Oil Refinery for critical equipment, technology licensing and design services for a world-scale integrated refinery and petrochemical plant in Lekki near Lagos. The Lekki complex will be the largest single-train refinery in the world.
Honeywell won a 21-year energy savings performance contract worth $243 million to modernize production facilities at Tinker Air Force Base in Oklahoma City, expected to cut energy use by 23 percent.
Honeywell won a multi-million dollar, multi-year contract to implement a new airfield ground lighting control and monitoring system at Singapore Changi Airport, supporting its three-runway expansion.
Alfa Laval and Honeywell are reportedly bidding for Munters, a climate control maker owned by Nordic Capital, in a potential deal of 10 billion Swedish crowns, according to sources.
