Majority stake Announced Dec 2004
Honeywell to acquire Novar plc for $2.4 billion
Relationship map
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 agreed to acquire British building-controls company Novar plc for 1.2 billion pounds (US $2.4 billion), folding Novar's Intelligent Building Systems unit into Honeywell's Automation and Control Solutions division. Strategic acquisition.