Honeywell has officially completed its $2.16 billion all-cash acquisition of Sundyne, a leading manufacturer of engineered pumps and compressors for the process industry, from private equity firm Warburg Pincus. The acquisition is expected to contribute immediately to Honeywell’s sales growth, segment margins and adjusted earnings per share in its first full year of ownership.

Sundyne brings a legacy of technical expertise and long-standing customer relationships across critical sectors, including refining and petrochemicals, liquefied natural gas (LNG), and renewable fuels. The integration of Sundyne’s portfolio with Honeywell’s advanced technologies will expand Honeywell UOP’s value chains, enabling the company to deliver more comprehensive and innovative solutions across a broader spectrum of energy applications.

"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 acquisition aligns with Honeywell’s broader strategy to drive sustainable growth and streamline its portfolio. The transaction follows Honeywell’s recent announcement to spin off its Aerospace Technologies and Solstice Advanced Materials businesses, moves that will create three publicly traded entities, each with distinct growth trajectories and strategic focuses.

Sundyne will be integrated into Honeywell’s Forge platform, a scalable digital solution that enables real-time insights and operational efficiency. The unified platform is expected to accelerate Honeywell’s leadership in supporting the global energy transition, offering customers enhanced capabilities in decarbonization, process optimization and equipment reliability.

Since December 2023, Honeywell has launched a series of strategic actions to simplify its operations and boost organic growth, announcing a total of $13.5 billion in accretive acquisitions. In addition to Sundyne, recent acquisitions include the Access Solutions division from Carrier Global, Civitanavi Systems, CAES Systems, the LNG business from Air Products, and Johnson Matthey’s Catalyst Technologies.

Last month, Honeywell also divested its Personal Protective Equipment (PPE) business, selling it to Protective Industrial Products. These moves mark a decisive shift in Honeywell’s focus toward high-growth, high-margin sectors that support industrial automation, clean energy, and digital transformation.

With the addition of Sundyne, Honeywell continues to strengthen its position as a global leader in process technologies and sustainable industrial solutions.

Honeywell is a globally integrated operating company that serves a wide range of industries and regions. Its business strategy is built around three major megatrends: automation, the future of aviation, and the energy transition. These are supported by the Honeywell Accelerator operating system and the Honeywell Forge IoT platform. As a trusted partner, Honeywell helps organizations tackle some of the world's most complex challenges by delivering practical solutions and cutting-edge innovations. The company operates through four core business segments—Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions—focused on making the world safer, smarter, more secure, and more sustainable.