Honeywell completes acquisition of Intermec
Approximate $600 million deal was announced in December 2012, adding over $800 million in annualized sales.
Latest Logistics News
DAT March Truckload Volume Index sees modest March gains National diesel average, for week of April 22, is down for the second straight week UPS reports first quarter earnings declines LM Podcast Series: Assessing the freight transportation and logistics markets with Tom Nightingale, AFS Logistics Investor expectations continue to influence supply chain decision-making More NewsHoneywell 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.
Article Topics
News & Resources
DAT March Truckload Volume Index sees modest March gains National diesel average, for week of April 22, is down for the second straight week UPS reports first quarter earnings declines LM Podcast Series: Assessing the freight transportation and logistics markets with Tom Nightingale, AFS Logistics Investor expectations continue to influence supply chain decision-making Under-21 driver pilot program a bust with fleets as FMCSA seeks changes Diesel back over $4 a gallon; Mideast tensions, other worries cited More NewsLatest in Logistics
DAT March Truckload Volume Index sees modest March gains National diesel average, for week of April 22, is down for the second straight week UPS reports first quarter earnings declines LM Podcast Series: Assessing the freight transportation and logistics markets with Tom Nightingale, AFS Logistics Investor expectations continue to influence supply chain decision-making The Next Big Steps in Supply Chain Digitalization Under-21 driver pilot program a bust with fleets as FMCSA seeks changes More LogisticsSubscribe to Logistics Management Magazine
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today.
April 2023 Logistics Management
Latest Resources
