Honeywell to buy Invensys Sensor Systems for $415 million


Morris Township, NJ; London, U.K.— To strengthen its offerings in high-growth segments, Honeywell and Invensys plc announced Aug. 19 that Honeywell Automation and Control Solutions (ACS) has agreed to acquire Invensys Sensor Systems (Shelby, NC) for $415 million in cash, pending regulatory approval and other conditions.

Invensys Sensor Systems is a global supplier of sensors and controls used in the medical, office automation, aerospace, HVAC, automotive, off-road vehicle and consumer appliance industries. Invensys Sensor Systems has 2,700 employees and operates 13 manufacturing facilities in six countries, including the U.S., U.K., China, Mexico and the Czech Republic.

Invensys Sensor Systems will become part of the Automation and Control Products unit of Honeywell ACS.

'The acquisition of Invensys Sensor Systems strengthens Honeywell's product offerings in the high-growth medical and automotive on-board segments,' says David Cote, Honeywell's chairman and ceo. 'Customers worldwide will benefit from our improved ability going forward to deliver advanced technologies and solutions to meet their needs. Invensys Sensor Systems has a strong technology and quality driven culture and a talented workforce, and we are excited about bringing these employees into Honeywell.'

Honeywell has been involved in sensing for more than 60 years, and it presently serves customers worldwide in the aviation, information technology, industrial, automotive on-board and consumer appliance industries.

'We identified Sensor Systems as a non-core business during the Invensys strategy review, and we're pleased with the speed at which we have been able to reach agreement with Honeywell,' says Rick Haythornthwaite, Invensys plc's ceo. 'Sensor Systems and Honeywell make a good strategic fit, and I am confident that the Sensor Systems business will continue to prosper under its new ownership.'

Control Engineering Daily News Desk
Jim Montague, news editor

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Big Data and IIoT value; Monitoring Big Data; Robotics safety standards and programming; Learning about PID
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
Selecting the best controller from several viewpoints; System integrator advice for the IIoT; TSN and real-time Ethernet; Questions to ask when selecting a VFD; Action items for an aging PLC/DCS
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me