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HONEYWELL COMPLETES ACQUISITION OF SUNDYNE TO EXPAND PROCESS INDUSTRY CAPABILITIES
HONEYWELL COMPLETES ACQUISITION OF SUNDYNE TO EXPAND PROCESS INDUSTRY CAPABILITIES

Associated Press

timea day ago

  • Business
  • Associated Press

HONEYWELL COMPLETES ACQUISITION OF SUNDYNE TO EXPAND PROCESS INDUSTRY CAPABILITIES

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. Sundyne's deep customer relationships, best-in-class products and technology will unlock strategic growth potential for Honeywell UOP's value chains in refining and petrochemicals, liquefied natural gas (LNG) and clean and renewable fuels. Unified under the Honeywell Forge platform, the combined solution provides a scalable, full-spectrum approach that positions Honeywell as a leader in the energy transition. 'Merging Sundyne's differentiated products with Honeywell's leading technology and R&D capabilities positions our business for significant growth,' said Ken West, President and CEO of Honeywell's Energy and Sustainability Solutions (ESS) segment. 'By enhancing our end-to-end process technology and critical equipment offerings, this acquisition allows us to provide improved solutions for our customers.' The completion of this acquisition follows Honeywell's announcement of the planned spin-offs of its Aerospace Technologies and Solstice Advanced Materials businesses, which will result in three publicly listed industry leaders with distinct strategies and growth drivers. Since December 2023, Honeywell has announced a number of strategic actions to drive organic growth and simplify its portfolio, including $13.5 billion of accretive acquisitions. In addition to Sundyne, these acquisitions include: the Access Solutions business from Carrier Global, Civitanavi Systems, CAES Systems, the LNG business from Air Products and Johnson Matthey's Catalyst Technologies Business. Honeywell also completed the sale of its Personal Protective Equipment business to Protective Industrial Products last month. About Honeywell Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future and include statements related to the proposed spin-off of the Company's Advanced Materials business into a stand-alone, publicly traded company and the proposed separation of Automation and Aerospace. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as lower GDP growth or recession, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. View original content to download multimedia: SOURCE Honeywell

Armstrong Fluid Technology launches key new function in platform
Armstrong Fluid Technology launches key new function in platform

Trade Arabia

timea day ago

  • Business
  • Trade Arabia

Armstrong Fluid Technology launches key new function in platform

Armstrong Fluid Technology, a leading manufacturer of intelligent flow equipment, including pumps, valves, heat exchangers and control solutions, has introduced a powerful new capability within its ADEPT selection platform: the Integrated Designer. Tailored to meet the demands of fast-paced and sustainability-driven markets like the Middle East, the Integrated Designer simplifies the process of selecting and sizing pumps, accessories and more — all from a single interface. Designed to save time, and improve accuracy and energy efficiency, the tool enables the seamless creation of comprehensive equipment schedules and system layouts with pre-configured solutions, the company said. Using the supplied values for system flow and pressure, as well as flow redundancy and flow turn-down, the Integrated Designer recommends the optimum pump size plus the number of pumps and suggests alternative combinations. 'With the Middle East's growing emphasis on smart building technologies and green infrastructure, this tool is a game-changer for mechanical engineers and system designers,' said Zeljko Terzic, Global Offering Manager for Pumps, Armstrong Fluid Technology. 'Users can get optimized selections in just a few clicks and avoid the extra work of manual calculations. The Integrated Designer gives professionals the ability to deliver better designs, faster and with more confidence.' he added. Key features of the Integrated Designer tool include: • Integrated selection and system design in one workflow • Real-time system performance estimates • One-click export of equipment schedules and submittal packages

Taraji P. Henson Goes for Vintage Glamour in Classic Pumps at Met Gala 2025
Taraji P. Henson Goes for Vintage Glamour in Classic Pumps at Met Gala 2025

Yahoo

time06-05-2025

  • Entertainment
  • Yahoo

Taraji P. Henson Goes for Vintage Glamour in Classic Pumps at Met Gala 2025

Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting mistakes helps us improve the experience. Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting mistakes helps us improve the experience. Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting mistakes helps us improve the experience. Generate Key Takeaways Taraji P. Henson turned heads in a pair of pointed toe pumps while walking down the 2025 Met Gala red carpet on Monday night. Known for her love of pumps, the 'Empire' actress went for a sleek pair in a gold colorway. The pumps Henson goes for are specifically characterized by a closed-back design and a pronounced upper. Crafted with leather, the silhouette also featured a slender heel that clocked in at roughly 4 inches. Styled by Wayman and Micah, she wore an off-white custom Monse x Post-Imperial dress that consisted of a cropped blazer overtop a minidress. More from Footwear News Taraji P. Henson at Met Gala 2025. Getty Images Henson wasn't the only one who opted for pumps for fashion's biggest night. Singer and entrepreneur Ciara was also spotted wearing a pair of pointed-toe pumps that were from Christian Louboutin, as she walked the red carpet with husband Russell Wilson. A year-round seasonal staple, the silhouette also included a closed-back design that secured her feet in place as she walked alongside with her husband. Rounding out the footwear was a razor sharp stiletto heel estimated to be around 5 inches in height. A closer look at the shoes. Getty Images Coco Jones was another one who opted for pumps, with the 'ICU' singer and actress wearing a pair of sleek white pointed-toe pumps that featured sharp, angular pointed toes accompanied by equally sharp stiletto heels standing around 5 inches in height. The shoes featured a simple, minimalist design that didn't take away from her attention-commanding outfit. The 2025 Met Gala is being held tonight in New York. The theme, 'Superfine: Tailoring Black Style,' celebrates all things African American styles and culture. This year's co-chairs include Colman Domingo, Lewis Hamilton, A$AP Rocky and Pharrell Williams, along with Vogue's Editor In Chief Anna Wintour. Taraji P. Henson Taraji P. Henson's Shoe Styles Through the Years View Gallery30 Images Launch Gallery: Met Gala 2025 Red Carpet Arrivals Photos, Live Updates: All the Shoes Best of Footwear News Sign up for FN's Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.

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