HON - Honeywell Buys Carrier's Security Business for Nearly $5B Boosting Automation Portfolio | Benzinga
Honeywell International Inc (NASDAQ: HON) has agreed to acquire Carrier Global Corporation's (NYSE: CARR) Global Access Solutions business for $4.95 billion in an all-cash transaction.
Carrier's Global Access Solutions business has approximately 1,200 employees operating in 33 countries.
The deal, which includes both hardware and software solutions, further supports Honeywell's plans to align its portfolio to automation, the future of aviation and energy transition.
The acquisition will add three brands ...