Honeywell announces acquisition of Civitanavi Systems to expand autonomous operations offerings and European footprint
Acquiring Company
Honeywell International
Acquired Company
Civitanavi Systems S.p.A
CharlotteManufacturingArtificial IntelligenceSecurityAerospacePublic SafetyManufacturingAerospaceNavigationDescription
Honeywell has announced the intention to acquire Civitanavi Systems S.p.A. in a voluntary tender offer. The acquisition is aimed at strengthening Honeywell's capabilities in creating autonomous operations in aircraft and vehicles while expanding its European footprint. This strategic move will allow Honeywell to offer a broader set of technologies to its customers globally, aligning with the future of aviation and automation megatrends.
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Frequently asked
Who acquired Civitanavi Systems S.p.A?
Civitanavi Systems S.p.A was acquired by Honeywell International, based in Charlotte. The deal was reported on March 27, 2024. Honeywell International is publicly traded (HON) and operates in Manufacturing.
When did Honeywell International acquire Civitanavi Systems S.p.A?
Honeywell International's acquisition of Civitanavi Systems S.p.A was reported on March 27, 2024. Honeywell has announced the intention to acquire Civitanavi Systems S.p.A. in a voluntary tender offer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Civitanavi Systems S.p.A do?
Civitanavi Systems S.p.A. is a leader in position navigation and timing technology for the aerospace, defense, and industrial markets. It is privately held, operating in Manufacturing.
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