hvacrollups.com
← All signals
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

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.