Honeywell completes acquisition of Collins Aerospace Systems - Interiors to strengthen aerospace capabilities

Sep 08, 2024•10 months ago

Acquiring Company

Honeywell International

Acquired Company

CAES

Charlotte

Crystal CityManufacturingElectronicsManufacturingConsumer Electronics

Description

Honeywell International Inc. has successfully completed its acquisition of Collins Aerospace Systems - Interiors, a division of UTC Aerospace Systems. This acquisition is designed to enhance Honeywell’s aerospace offerings and provide a broader range of innovative and intelligent solutions to the aerospace and defense industry.

Company Information

Company

Honeywell International

Location

Charlotte, North Carolina, United States

About

Honeywell International is a multinational conglomerate that produces a variety of commercial and consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

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