Majority stake Announced Dec 2004 Verified
Honeywell to acquire Novar plc for $2.4 billion
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Market signals
Market signals
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
Honeywell to acquire Novar plc for £1.2 billion (US$2.4 billion), integrating its Intelligent Building Systems unit into Honeywell's Automation and Control Solutions division, while pursuing strategic alternatives for Indalex Aluminum Solutions and Security Printing Services.