Honeywell – Honeywell Completes Acquisition of CAES

September 3, 2024
Honeywell

  • $1.9 billion acquisition will help drive long-term growth and further diversify revenue streams on leading defense platforms
  • Enhances Honeywell’s defense and space portfolio with high-reliability radio frequency technologies that present significant opportunities for international growth 
  • Deepens Honeywell’s aerospace expertise and operations with addition of 2,200 skilled employees and highly automated facilities 

 

CHARLOTTE, N.C., Sept. 4, 2024 /PRNewswire/ — Honeywell (NASDAQ: HON) today announced the completion of its acquisition of CAES Systems Holdings LLC (CAES) from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction. 

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