Honeywell buying Zellweger Analytics
Northford, CT; Uster, Switzerland—To enter the large and growing hazardous gas detection market, Honeywell reports that it's planning to buy Zellweger Analytics..
Northford, CT; Uster, Switzerland— To enter the large and growing hazardous gas detection market, Honeywell International reports that it plans to buy Zellweger Analytics. The transaction is subject to regulatory approval, and is expected to close in 2005’s second quarter. Terms of the transaction were not disclosed.
After the deal closes, Zellweger will become part of the Life Safety business unit within Honeywell Automation and Control Solutions. Zellweger
Zellweger manufacturese assets, and prevent costly plant shutdowns. Zellweger has offices throughout Europe, Asia-Pacific and the U.S.
'The gas detection industry is a growing, billion-dollar industry, and Zellweger Analytics is a well-established and respected company in this market,' says Mark Levy, Honeywell Life Safety’s president. 'By acquiring Zellweger Analytics, Honeywell has the opportunity to enter the worldwide gas detection marketplace with a leading brand portfolio and a large international customer base.'
In addition, Zellweger's gas detection technology complements
'This is a great opportunity for Zellweger Analytics, its distributors and our end users,' adds Konrad Peter,
Peter adds that,s detection technologies, which will greatly benefit customers.'
Control Engineering Daily News Desk
Jim Montague, news editor