Honeywell to acquire sensor systems business from Invensys
February 2003
News
Honeywell and Invensys recently announced that Honeywell Automation and Control Solutions (ACS) has signed an agreement to acquire Invensys Sensor Systems for $415 million in cash.
Invensys Sensor Systems is a leading global supplier of sensors and controls used in the medical, office automation, aerospace, HVAC, automotive, off-road vehicle and consumer appliance industries. The transaction is subject to government approvals and other customary conditions. Invensys Sensor Systems will become part of the automation and control products unit of ACS.
"The acquisition of Invensys Sensor Systems strengthens Honeywell's product offerings in the high growth medical and automotive on-board segments," said David Cote, chairman and CEO of Honeywell. "Customers worldwide will benefit by our improved ability going forward to deliver advanced technologies and solutions to meet their needs. Invensys Sensor Systems has a strong technology and quality driven culture and a talented workforce, and we are excited about bringing these employees into Honeywell."
Sensors detect changes in temperature, pressure, speed, or position and are used in hundreds of products that range from ATMs to ABS systems on automobiles. Honeywell's involvement in sensing can be traced back over 60 years and today the company serves customers worldwide in the aviation, information technology, industrial, automotive on-board and consumer appliance industries.
Invensys Sensor Systems is headquartered in Shelby, NC and operates 13 manufacturing facilities in six countries, including the US, UK, China, Mexico and the Czech Republic. The company has 2700 employees. "We identified Sensor Systems as a non-core business during the Invensys strategy review and are pleased with the speed at which we have been able to reach agreement with Honeywell," said Rick Haythornthwaite, CEO of Invensys. "Sensor Systems and Honeywell make a good strategic fit and I am confident that the Sensor Systems business will continue to prosper under its new ownership."
For more information contact Steve Shannon, Honeywell Southern Africa, 011 695 8000, [email protected]
Further reading:
Meeting the Western Cape’s occupational health and safety needs
News
“A-OSH EXPO Cape Town is a dedicated platform where visitors can explore the latest products, services and training to safeguard their teams, improve workplace conditions, and ensure compliance with evolving legislation.
Read more...
SKF crowned champions in Sishen service provider competition
SKF South Africa
News
SKF wins Sishen service provider competition.
Read more...
Bühler hosts Student Career Expo
News
Bühler Southern Africa recently hosted its fourth annual Student Career Expo, reaffirming its commitment to inspiring and guiding the next generation towards diverse and rewarding career possibilities.
Read more...
Navigating global uncertainty through human-centred risk management
News
Global uncertainties are no longer exceptional events, they are the environment in which we work. This reality places new demands on how we manage risk.
Read more...
Africa Automation Indaba 2026: Catalysing a connected, competitive industrial future
News
Africa’s automation and process control landscape is poised for a major milestone with the launch of the Africa Automation Indaba, taking place from
13 to 14 May 2026 at the Radisson Collection Hotel, Waterfront, Cape Town.
Read more...
The unseen crisis in our taps
News
South Africa’s water crisis is no longer looming. It is already here. To move forward, water treatment must become part of a broader infrastructure renewal agenda. This includes decentralised solutions, private-sector innovation and long-term investment.
Read more...
German experts for bulk solids measurement technology join forces
Mecosa
News
MÜTEC Instruments in Germany has acquired DYNA Instruments. the German manufacturer of inline moisture and mass flow measurement systems.
Read more...
Specialised Exhibitions transitions to new name: Montgomery Group Africa
News
As part of a strategic move to streamline operations, strengthen regional alignment and support long-term growth, Specialised Exhibitions has transitioned to a new name: Montgomery Group Africa.
Read more...
RS South Africa and Qhubeka empower learners through the gift of mobility
RS South Africa
News
RS South Africa, in partnership with Qhubeka Charity, is continuing to make a tangible difference in the lives of South African learners through its bicycle donation initiative.
Read more...
A technical partnership that lasts
Omniflex Remote Monitoring Specialists
News
Ian Loudon, international sales and marketing at remote monitoring specialist, Omniflex reflects on the longevity of the partnership with Sasol, the key technology milestones along the way, and the most recent project in South Africa.
Read more...
printer friendly version