Tag: Vimal Kapur

CHARLOTTE, N.C. — Honeywell’s Aerospace segment saw the largest growth in the second quarter and the company’s recent acquisition of CAES Systems will only accelerate that.  Honeywell acquired the company in June for $1.9 billion in cash, adding 2,200 employees to its workforce.   “We are excited that this is the second aerospace-focused transaction we have announced this year, underscoring our alignment to the future of aviation,” said Vimal Kapur,...

CHARLOTTE, N.C.—Honeywell has announced the completion of its acquisition of Carrier Global Corporation's Global Access Solutions business for $4.95 billion. According to Honeywell, the deal positions the company as a leading provider of security solutions for the digital age with opportunities for accelerated innovation in the fast-growing, cloud-based services and solutions space. This transaction also strengthens Honeywell's alignment of its portfolio around three...

CHARLOTTE, N.C.—Honeywell announced plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for $4.95 billion in an all-cash transaction. The acquisition will add three respected brands to Honeywell’s portfolio with a focus on life safety and digital access solutions, including: LenelS2, a business for over 25 years in commercial and enterprise access solutions, including...