Honeywell Technologies Completes £1.325 Billion Acquisition Of Johnson Matthey’s Catalyst Technologies Business
Summary
Honeywell Technologies completed an all-cash acquisition of Johnson Matthey’s Catalyst Technologies business for £1.325 billion. The deal expands Honeywell’s portfolio across refining, petrochemicals, and renewable fuels. Honeywell plans to combine catalyst expertise with its process technologies, automation products, and digital solutions to offer more integrated industrial operations support. The company also aims to strengthen its position in automation and industrial software while helping customers improve efficiency and reduce emissions.
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