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Honeywell Completes Acquisition Of Sundyne From Private Equity Firm Warburg Pincus For $2.16B In All-Cash Transaction

Benzinga·06/09/2025 11:11:23
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  • $2.16 billion acquisition of Sundyne expands Honeywell's ESS product portfolio and aftermarket services, integrating critical equipment with automation and control systems powered by Honeywell Forge
  • Sundyne brings approximately 1,000 skilled employees and significant aftermarket revenue generated from a large installed base
  • Honeywell's global reach and strong customer relationships help accelerate market access and adoption of Sundyne's specialized products and services

CHARLOTTE, N.C., June 9, 2025 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced the completion of its acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. The acquisition of Sundyne—a leader in the design, manufacturing, and aftermarket support of highly-engineered pumps and gas compressors for process industries—is expected to be immediately accretive to Honeywell's sales growth and segment margins as well as to adjusted EPS in the first full year of ownership.