Honeywell completes acquisition of Intermec
Approximate $600 million deal was announced in December 2012, adding over $800 million in annualized sales.
Latest NewsSalonCentric: One Beautiful Network Q4 2017 Rail/Intermodal Roundtable: Improvements apparent; work remains The State of the DC Voice Market 2017 Admiral of the Ocean Sea Awards Ceremony Champions The Jones Act CSX provides update on Southeastern U.S. intermodal service More News
Latest ResourceThe State of the Rail/Intermodal Markets What's on track for rail/intermodal shippers in 2018?
Thursday, October 26, 2017 | 2pm ET
Honeywell has announced that it has completed its acquisition of Intermec, a leading provider of mobile computing, radio frequency identification solutions (RFID), voice-enabled workflow and data-collection solutions, and printing solutions.
Honeywell announced its intent to acquire Intermec in December 2012, in an all-cash transaction valued at approximately $600 million.
“The acquisition of Intermec will add innovative products and solutions, as well as deep engineering expertise and a broad global sales channel that further demonstrates our commitment to provide our customers an increasing array of innovative technologies in the highly attractive AIDC industry,” said John Waldron, president of Honeywell Scanning & Mobility.
Intermec will be integrated with Honeywell Scanning & Mobility, within the company’s Automation and Control Solutions business. The completion of this acquisition follows the approval by Intermec shareholders on March 19 as well as the receipt of required regulatory approvals in the United States and European Union.
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
Q4 2017 Rail/Intermodal Roundtable: Improvements apparent; work remains LM Viewpoint: Collaboration, Now more than ever View More From this Issue