Honeywell Technologies buys Johnson Matthey’s catalyst business for $1.77B
In North Carolina, Honeywell Technologies announced the completion of its acquisition of Johnson Matthey’s Catalyst Technologies business for £1.325 billion in an all-cash transaction. This deal strengthens the company’s portfolio across refining, petrochemicals and renewable fuels.
Honeywell Technologies will now have a more comprehensive, end-to-end offering for customers across energy and process technologies, further enhanced by its existing automation and digital solutions. This acquisition also expands the company’s vast global installed base and enhances its ability to serve customers across a broader range of applications. The strengthened portfolio underscores Honeywell Technologies’ commitment to delivering innovative, integrated solutions that drive operational excellence, improve efficiency and enhance performance across the industrial value chain.
Category: Fuels
