Consolidation trend Nov 2012
Honeywell building out controls portfolio through serial acquisitions
The Saia Burgess deal adds to a string of Honeywell controls acquisitions, including recently acquired INNCOM and prior brands (Alerton, Centraline, E-MON, Trend, Novar Controls, Phoenix Controls, Tridium), indicating ongoing consolidation in building/energy controls.
“Honeywell said the acquisition of Saia Burgess Controls, with 2011 sales of $93 million, enhances its intelligent building controls portfolio, which includes recently acquired INNCOM, as well as the Alerton, Centraline, E-MON, Trend, Novar Controls, Phoenix Controls, and Tridium brands.”
Entities
Honeywell · Acquirer INNCOM · Mentioned
HVAC
Source: www.achrnews.com
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