Consolidation trend Jul 2015
Honeywell cites 80+ acquisitions in a decade as its disciplined M&A model
Honeywell's CEO framed the Elster deal within a long-running serial-acquisition strategy, noting the company completed more than 80 acquisitions adding roughly $12 billion in revenues over the past decade and will continue pursuing acquisitions.
“During the past decade, we have completed more than 80 acquisitions adding approximately $12 billion in revenues. We will continue to look for good acquisitions to enhance our growth profile.”
Entities
Honeywell · Acquirer
HVAC Sentiment: Positive
Source: www.achrnews.com
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