Honeywell Buys Controls Firm

Honeywell says it has completed its acquisition of Enraf Holding, a division of Delft Instruments (Delft, the Netherlands), for approximately $260 million. Enraf provides measurement and controls products for the exploration, production, and transportation of energy products for land and marine applications. Honeywell says the acquisition provides it with an opportunity to grow within its existing customer base, as well as in new sectors including biofuels, LNG terminals, and...

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