Tag: Global Access Solutions
Elliott Investment Management calls for breakup at Honeywell
November 12, 2024SSN Staff
WEST PALM BEACH, Fla. — Activist investor group Elliott Investment Management has built a $5 billion dollar investment in Honeywell International inc. and is calling for the company to simplify its conglomerate structure.
In a letter addressed to the Honeywell board of directors, Elliott outlined that while the company has been an “…iconic pillar of the American industrial complex,” it has recently shown signs of inconsistent financial performance and uneven...
Honeywell completes acquisition of Carrier's Global Access Solutions business
June 3, 2024SSN Staff
CHARLOTTE, N.C.—Honeywell has announced the completion of its acquisition of Carrier Global Corporation's Global Access Solutions business for $4.95 billion.
According to Honeywell, the deal positions the company as a leading provider of security solutions for the digital age with opportunities for accelerated innovation in the fast-growing, cloud-based services and solutions space.
This transaction also strengthens Honeywell's alignment of its portfolio around three...
Honeywell acquires Carrier’s Global Access Solutions for $4.95 billion
December 8, 2023SSN Staff
CHARLOTTE, N.C.—Honeywell announced plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for $4.95 billion in an all-cash transaction.
The acquisition will add three respected brands to Honeywell’s portfolio with a focus on life safety and digital access solutions, including:
LenelS2, a business for over 25 years in commercial and enterprise access solutions, including...