# Honeywell International acquires Transnorm: acquisition

Canonical ID: `e0cd3ed2-b4d2-46a4-8592-37baa2d20410`

Honeywell acquired Transnorm for ~EUR 425M (~$492.8M) (announced Oct 2018; completed Nov 9, 2018) from IK Investment Partners, a German maker of warehouse conveyor/material-handling systems. (month-precision announce)

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $492.8M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [Honeywell International](https://registry.deploy.report/companies/honeywell.md)
- **Acquired:** [Transnorm](https://registry.deploy.report/companies/transnorm.md)

## Timeline

- **Announced:** 2018-10-01
- **Closed:** 2018-11-09

## Sources (1)

1. https://investor.honeywell.com/news-releases/news-release-details/honeywell-completes-acquisition-transnorm


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