Honeywell to acquire Air Products’ LNG business for $1.8bn to enhance energy transition services

Honeywell to acquire Air Products’ LNG business for $1.8bn to enhance energy transition services

In a strategic move to bolster its energy transition capabilities, Honeywell has announced the acquisition of Air Products’ Liquefied Natural Gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This acquisition is expected to significantly enhance Honeywell’s offerings, allowing it to provide customers worldwide with a comprehensive solution for managing […]