Honeywell acquires RMG Group

October 2009 News

Honeywell has announced it has signed a definitive agreement valued at approximately $400 million to acquire the RMG Group (RMG Regel + Messtechnik) a German-based global leader in natural gas measuring and control products, services and integrated solutions. RMG will be integrated into Honeywell Process Solutions, which is part of Honeywell’s Automation and Control Solutions business group.

Honeywell says the acquisition will build its global presence particularly in the areas of natural gas transportation, storage, distribution and industrial consumption as RMG aligns strongly with Honeywell’s field instrumentation and control solutions. Also, the acquisition of RMG supports Honeywell’s strategy to offer solutions that enhance energy efficiency.

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