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Elster is a world leader in measuring and improving the flow of natural gas, electricity and water in more than 130 countries. With one of the most extensive installed revenue measurement bases in the world and more than 200 million metering modules deployed over the course of the last 10 years alone, Elster is enabling the vital connections between technology and Earth’s energy and ...
Elster is a leading global provider of gas, electricity and water meters and related communications, networking and software solutions. Elster Group SE employs more than 7,500 staff and operates ...
Jul 28, 2015 · Katherine Tweed July 28, 2015. 0. Honeywell is buying metering giant Elster for $5.1 billion from Melrose Industries. Melrose purchased Elster three years ago for $2.3 billion. Since then, Elster ...
- Katherine Tweed
- Elster Group
- Ems Technologies, Inc.
- Intelligrated
- Intermec
- King’s Safetywear
- Norcross
- Rae Systems
- Sperian Protection
- Xtralis
- Going Forward
Honeywell’s largest acquisition was of Elster Group from Melrose Industries PLC. The 2016 acquisition was completed for $5.1 billion. Honeywell was attracted to Elster Group’s high-growth product areas and geographical locations. Elster Group is a leading provider of gas, electricity, and water meters, including all associated communications and so...
For $491 million, Honeywell purchased EMS Technologies. The 2011 acquisitionexpanded Honeywell’s position in the global scanning and mobility industry. EMS Technologies specializes in rugged handheld vehicle-based products. Items sold within the aviation department include rugged data storage, surveillance applications, antennas, and terminals.
Honeywell acquired Intelligrated in July 2016 for $1.5 billion in cash. Based in Ohio, Intelligrated employed over 3,000 individuals and was expected to report annual sales of around $900 million in 2016. Intelligrated is being utilized in Honeywell’s sensing and productivity solutions unit within the company’s Automation and Control Solutions divi...
In 2013, Honeywell completed the acquisition of Intermec and spent $600 million in cash on the deal. Intermec provides value to Honeywell in numerous ways, including innovative products, engineering expertise, a broad global distribution channel, and valuable technology in the AIDC industry. Intermec is a leading provider in computing on mobile dev...
For $331 million, Honeywell bought Singapore-based King’s Safetywear in 2011. The deal expanded Honeywell’s customer base as KWS’s operations were strategically placed in high-growth areas. Its Otter, King’s, and Oliver brands of steel-toe-capped boots are sold primarily in Australia, Asia, and Europe. Honeywell’s motivation for completing the deal...
In 2008, Honeywell paid $1.2 billion to acquire Norcross Safety Products (NSP). NSP produced respirators, helmets, protective gloves, and other protective gear for industrial workers as well as firefighters. Based in Illinois, Norcross became a piece in Honeywell’s Automation and Control Solutions division.
Honeywell announced in 2013 a definitive agreement to acquire RAE Systems Inc. The privately-held manufacturer makes gas and radiation detection systems. Its products include a full line of fixed and transportable sensing and detection devices sold to the government, emergency response sectors, and industrial entities. At the time of the deal, RAE ...
In September 2010, Honeywell completed the purchase of Sperian Protection, which manufactures personal protective equipment used in general industry, construction, fire services, and electrical safety segments. Honeywell paid $1.4 billion—or 1.5 times annual sales—for Sperian. Sperian specializes in head protection (sight, hearing, and respiratory ...
In early 2016, Honeywell entered into a definitive agreement to buy Xtralis, which is a global provider and industry leader of aspirating smoke detection, as well as security video analytics software. Honeywell paid $480 million in the deal.Xtralis’ customer base includes Fortune 500 companies, iconic sites, and infrastructures worldwide. Its produ...
Honeywell has been relatively quiet on the acquisition front. Instead, the company has taken the opposite approach, completing various spinoffs. This comes as the company got a new CEO in 2017, Darius Adamczyk.Over the last couple of years, Honeywell spun off its transportation systems, homes, and ADI global distribution businesses.
- David Gorton
Apr 13, 2006 · Elster Electricity, LLC (formerly ABB Electricity Metering) is a world-class provider of advanced electricity metering products, communication solutions and metering automation systems. Elster is part of the world's largest multi-utility metering company combining the leaders in electricity, water and gas metering. In December 2002, Ruhrgas Industries of Germany acquired ABB's worldwide ...
Jul 28, 2015 · July 28, 2015 - Honeywell signed a definitive agreement to acquire the Elster Division of Melrose Industries plc, a provider of thermal gas solutions for commercial, industrial, and residential heating systems and gas, water, and electricity meters, including smart meters and software and data analytics solutions, for approximately $5.1 billion ...
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Jan 3, 2016 · Jan. 3, 2016. Elster’s gas heating and gas, water, and electricity metering businesses should add close to $2 billion in annual sales. Honeywell has moved further into the home and building energy management arena with its acquisition of Elster, a global leader in gas heating, controls, metering and advanced technology. The acquisition was ...
