About This Deal

HONEYWELL INTERNATIONAL INC acquired Callidus Technologies, a transaction completed in December 2008, structured as Acquisition.

Callidus Technologies operates in Performance Materials and Technologies (Honeywell UOP), is based in Tulsa, Oklahoma, USA. Callidus Technologies of Tulsa, Oklahoma designed and fabricated custom industrial combustion products, including refinery burners and controls, flares and thermal oxidizers. Honeywell acquired it to expand its combustion and process-heat offerings; the business was later folded into Honeywell UOP.

Broaden Honeywell's industrial combustion and thermal-equipment portfolio for refining and petrochemicals.

Deal Terms

Acquirer
HONEYWELL INTERNATIONAL INC
Target
Callidus Technologies
Value
Not disclosed
Date
December 2008
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Tulsa, Oklahoma, USA
Segment
Performance Materials and Technologies (Honeywell UOP)
Structure
Acquisition
Announced
October 22, 2008
Closed
December 4, 2008

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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