Honeywell to acquire Air Products' LNG process technology and equipment business
Acquiring Company
Honeywell International
Acquired Company
Air Products
Description
Honeywell has agreed to acquire Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This acquisition will enable Honeywell to offer customers a comprehensive, top-tier solution for managing their energy transformation journey, encompassing natural gas pre-treatment, state-of-the-art liquefaction, and digital automation technologies.
Quick answer
Honeywell International is acquiring Air Products, announced July 10, 2024. Honeywell International is based in Charlotte, North Carolina, United States.
- How much did Honeywell International pay for Air Products?
- The deal value was not disclosed.
- What does Honeywell International do?
- Honeywell International is a multinational conglomerate that produces a variety of commercial and consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to..
- Where are Honeywell International and Air Products based?
- Honeywell International is based in Charlotte, North Carolina, United States. Air Products is based in Allentown, Pennsylvania, United States.
- Who are the decision-makers at Honeywell International?
- Fundz holds 4 contacts at Honeywell International. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Honeywell International, and when
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Frequently asked
Who acquired Air Products?
Air Products was acquired by Honeywell International, based in Charlotte. The deal was reported on July 10, 2024. Honeywell International is publicly traded (HON) and operates in Manufacturing.
When did Honeywell International acquire Air Products?
Honeywell International's acquisition of Air Products was reported on July 10, 2024. Honeywell has agreed to acquire Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Air Products do?
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. It is publicly traded (APD), operating in Manufacturing, and is based in Allentown.
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