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Majority stake Announced Dec 2023 · Closed Jun 2024 Verified

Carrier Completes Sale of Global Access Solutions to Honeywell

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Relationship map for Carrier Completes Sale of Global Access Solutions to Honeywellparent ofHoneywell: PlatformHOHoneywellCarrier: PlatformCarrier
Platform

Parties

Acquirer
Honeywell
Platform
Target
Carrier
Platform

Market signals

Deal value$5B reported cash consideration as reported by send.ashrae.org

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

Carrier Global Corporation completed the previously announced sale of its security business, Global Access Solutions, to Honeywell International Inc. on June 3, 2024. Proceeds from the sale were used to repay the full amount outstanding under the Delayed Draw Facility.

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