Honeywell to acquire Novar plc for $2.4 billion

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.

“Honeywell announced that it has reached an agreement to acquire British company Novar plc for 1.2 billion pounds (US $2.4 billion).”

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