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Divestiture Dec 2023 Verified

Carrier to Sell Global Access Solutions to Honeywell

Carrier announced a definitive agreement to sell its security business, Global Access Solutions, including the LenelS2, Supra and Onity brands, to Honeywell International Inc. for an enterprise value of $4.95 billion.

“On December 8, 2023, we announced our entry into a definitive agreement to sell our security business, Global Access Solutions, including the LenelS2, Supra and Onity brands, to Honeywell International Inc. for an enterprise value of $4.95 billion.”

Entities

Honeywell · Acquirer Carrier Global Corporation · Parent
Other Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.