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Honeywell Acquires Li-ion Tamer Business From Nexceris For Undisclosed Terms; Deal Expected To Be Immediately Accretive To Honeywell's Financials

Benzinga·07/01/2025 11:47:11
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  • Acquisition enhances Honeywell's leading fire life safety portfolio in its Building Automation business, supports high growth energy storage and data center sectors
  • Li-ion Tamer's differentiated technology provides early detection of thermal runaway to help prevent devastating lithium-ion battery fires 
  • With more than 30 global patents across its product lines, Li-ion Tamer is trusted by battery OEMs around the world 

CHARLOTTE, N.C., July 1, 2025 /PRNewswire/ -- Honeywell (NASDAQ:HON) today announced that it has acquired from Nexceris its Li-ion Tamer business, a leading off-gas detection solution for lithium-ion (li-ion) batteries that detects thermal runaway events. The acquisition enhances Honeywell's portfolio of best-in-class fire life safety technologies within its Building Automation segment and emerged from a partnership with Nexceris over the past 5 years to strategically address lithium-ion battery system safety. The transaction is expected to be immediately accretive to Honeywell's financials.