HONEYWELL COMPLETES ACQUISITION OF CARRIER’S GLOBAL ACCESS SOLUTIONS BUSINESS AND UPDATES 2024 OUTLOOK
CHARLOTTE, N.C., June 3, 2024 /PRNewswire/ — Honeywell (NASDAQ: HON) today announced the completion of its acquisition of Carrier Global Corporation’s (NYSE: CARR) Global Access Solutions business for $4.95 billion. The deal positions Honeywell 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 compelling megatrends, including automation, and complements Honeywell’s Building Automation segment.