Honeywell International Inc. (HON) said on Monday that it has closed its acquisition of Sundyne from private equity firm, Warburg Pincus, for $2.16 billion in cash. Sundyne is a maker of pumps and gas compressors with a focus on process industries.
The acquisition of Sundyne is expected to be immediately accretive to Honeywell's sales and adjusted profit per share in the first full year of ownership.
Sundyne will unlock growth potential for Honeywell UOP's value chains in refining and petrochemicals, liquefied natural gas, and clean and renewable fuels.
Ken West, CEO of Honeywell's Energy and Sustainability Solutions Segment, said: "Merging Sundyne's differentiated products with Honeywell's leading technology and R&D capabilities positions our business for significant growth. By enhancing our end-to-end process technology and critical equipment offerings, this acquisition allows us to provide improved solutions for our customers."
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.