Honeywell to Acquire Johnson Matthey's Catalyst Technologies Business

Honeywell Acquires Air Products’ LNG Process Technology and Equipment Business for $1.81 Billion

September 30, 2024

Industrial Services

Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business in an all-cash transaction valued at $1.81 billion. The deal adds LNG natural gas pre-treatment and liquefaction capabilities, including coil-wound heat exchanger (CWHE) technology, to Honeywell’s existing LNG offerings. The transaction was completed on Sept. 30, 2024, with related assets, intellectual property, manufacturing capability, and personnel transferring to Honeywell.

Technip Energies Completes $556 Million Acquisition of Ecovyst Advanced Materials & Catalysts Business

January 3, 2026

Industrial Services

Technip Energies has completed its $556 million acquisition of Ecovyst’s Advanced Materials & Catalysts (AM&C) business. The deal adds a specialty catalysts and advanced materials platform (including Advanced Silicas and Zeolyst International) and brings 330 employees to Technip Energies, with AM&C continuing under existing leadership across facilities in the U.S. and Europe.

Honeywell to Acquire Civitanavi for €200 Million to Expand Aerospace Navigation for Autonomous Operations

March 28, 2024

Aerospace & Defense

Honeywell announced it has agreed to buy Civitanavi for €200 million in a deal based on a €6.30 per-share bid. The acquisition will combine Civitanavi’s inertial technologies and sensors with Honeywell’s aerospace navigation and automation platforms to broaden aerospace navigation solutions and expand offerings in the European Union. The transaction is expected to close in the third quarter of 2024, subject to customary closing conditions.

Honeywell Acquires Sundyne for $2.16 Billion

June 13, 2025

Industrial Services

Honeywell has completed its $2.16 billion all-cash acquisition of Sundyne from private equity firm Warburg Pincus. Sundyne supplies highly engineered pumps and gas compressors with aftermarket services, which Honeywell will integrate under its Honeywell Forge platform to expand process industry capabilities and aftermarket revenue.

Honeywell Acquires Rocky Research

October 7, 2020

Aerospace & Defense

Honeywell has acquired privately held Rocky Research, a Boulder City, Nevada-based technology leader in thermal, energy and power management solutions, and will integrate the business into Honeywell Aerospace. Rocky Research's founder and sole owner Uwe Rockenfeller will join Honeywell and the company's Boulder City and Huntsville locations will continue to support R&D, integration and testing. Terms were not disclosed.

Johnson Controls Signs Agreement to Acquire Alloy Enterprises

February 18, 2026

IT Services

Johnson Controls has signed an agreement to acquire Alloy Enterprises, a Boston-based thermal management technology company focused on next-generation direct liquid cooling for data centers and other mission-critical applications. The deal is expected to close in Johnson Controls’ fiscal third quarter, subject to regulatory approvals and customary closing conditions. Financial terms were not disclosed.