Honeywell (HON) Announces Completion of Intelligrated Acquisition
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Honeywell Completes Acquisition of Intelligrated
August 30, 2016 7:00 AM EDTFORT MILL, S.C., Aug. 30, 2016 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that it has completed its $1.5 billion acquisition of Intelligrated, a privately held leader in supply chain and warehouse automation solutions, which was previously announced in July.
"With the continued growth of e-commerce, retailers and supply chain companies need a range of enterprise solutions to enhance their operational accuracy, efficiency and safety," said John Waldron, president and CEO, Honeywell Safety and Productivity Solutions. "We welcome the talented Intelligrated team to Honeywell and look forward to bringing together their innovative automated material handling... More