By Benjamin Chiou
Date: Tuesday 04 Mar 2025
(Sharecast News) - American conglomerate Honeywell International on Tuesday announced the $2.2bn acquisition of pumps and gas compressors manufacturer Sundyne from private equity firm Warburg Pincus.
The all-cash transaction values Colorado-based Sundyne at 14.5 times 2024 EBITDA and will beef up Honeywell's Energy and Sustainability Solutions (ESS) business division, the company...
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