Honeywell International IncHoneywell completes acquisition of Johnson Matthey's Catalyst Technologies business, strengthening its portfolio and expected to drive growth.
Honeywell Technologies has completed its acquisition of Johnson Matthey’s Catalyst Technologies business for £1.325 billion in an all-cash transaction. The deal strengthens Honeywell Technologies’ portfolio across refining, petrochemicals and renewable fuels, and enhances its end-to-end solutions by combining catalysts, process technologies and digital capabilities powered by Honeywell Technologies Forge. The acquisition is expected to drive growth and expand the company’s global installed base. This follows Honeywell Technologies’ separation of its Aerospace Technologies business and the spin-off of its Advanced Materials business, and is part of approximately $11.5 billion of acquisitions completed since 2023.
Honeywell International IncHoneywell completes acquisition of Johnson Matthey's Catalyst Technologies business, strengthening its portfolio and expected to drive growth.
Johnson Matthey PLCJohnson Matthey sells its Catalyst Technologies business to Honeywell for £1.325 billion.
Solstice Advanced Materials, Inc