Honeywell Acquires Sundyne For $2.16 Billion, Expands Energy And Industrial Equipment Portfolio

Honeywell Acquires Sundyne For $2.16 Billion, Expands Energy And Industrial Equipment Portfolio

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Honeywell International Inc. (NASDAQ:HON) has announced a $2.16 billion all-cash acquisition of Sundyne from Warburg Pincus (OTC:WPCBF). The deal is valued at 14.5 times Sundyne’s 2024 EBITDA on a tax-adjusted basis. The acquisition expands Honeywell’s industrial equipment portfolio, enhancing…

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