About This Deal

HONEYWELL INTERNATIONAL INC acquired Transnorm for €425 million, a transaction completed in November 2018, structured as Acquisition.

Transnorm operates in Safety and Productivity Solutions, is based in Harsum, Germany. Transnorm, based in Harsum, Germany, is a global leader in high-performance conveyor solutions used in parcel delivery, e-commerce fulfillment and airport applications. Honeywell acquired it from IK Investment Partners to complement its Intelligrated warehouse-automation business and expand in Europe.

Complement the Intelligrated warehouse-automation business and capture European e-commerce growth.

Deal Terms

Acquirer
HONEYWELL INTERNATIONAL INC
Target
Transnorm
Value
€425 million
Date
November 2018
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Harsum, Germany
Segment
Safety and Productivity Solutions
Structure
Acquisition
Closed
November 9, 2018

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.