- Unlock strategic growth by increasing the installed Honeywell base and by creating a more integrated offer in catalyst and process technologies
- Extends Honeywell Uop’s capacities with the addition of an important installed base in refined, petrochemical and renewable fuels
- Improves the portfolio of existing Honeywell catalysts with additional offers and increases renewable fuel capacities
- Anticipated synergies with UOP and Honeywell Process Solutions companies, benefiting from Honeywell’s main spare capacities
- It should be accrected with Honeywell adjusted EPs during the first full year of property and add high attractive growth vectors with a track for synergies of material cost
Charlotte, nc,, May 22, 2025 / Prnewswire / – Honeywell (Nasdaq: Her) announced today that he had agreed to acquire Johnson Matthey Catalyst Technologies Business Segment for 1.8 billion sterling pounds in an all craft transaction, representing approximately 11 times the estimated BAIIA 2025, including tax advantages and cost -rate cost synergies. The combination of Johnson Matthey Catalyst Technologies Business with Honeywell’s Energy and Sustainability Solutions (ESS) The business segment should add high growth vectors attractive to the portfolio and cause significant additional advantages thanks to cost synergies.
Johnson Matthey The Catalyst Technologies business model completes Honeywell’s existing UOP activities to sell catalyst and process technologies and widens its base installed in refined and petrochemical catalysts. In addition, with an extended portfolio, Honeywell will be able to offer customers a complete solution for the production of lower emissions, critical fuels, in particular lasting methanol, sustainable aviation fuel (SAF), blue hydrogen and blue hydrogen and blue ammonia, which improve energy safety and emissions. The resulting offers will provide license technology, engineering, services and catalysts to convert hydrocarbons and renewable raw materials into high -value end products.
“The acquisition of Johnson Matthey Catalyst Technologies activities are widening Honeywell’s role as a provider of world -class critical energy class technologies necessary to stimulate growth in the future – further strengthening our model of process technologies and process automation, “said Vimal Kapur, Chairman and Chief Executive Officer.” As a request for diverse energy sources that continues to speed up. “”
Johnson Matthey Catalyst Technologies Business Segment is one of the main providers of manufacturing licenses for catalysts and process technologies. It has around 1,900 employees and has its headquarters London, United Kingdomwith sites in the United States, Europe And India.
“While we continue to develop and develop our ESS portfolio, to acquire Johnson Matthey Catalyst Technologies Business will provide our customers with a complete and profitable approach to transmit their companies to high -value products with lower emissions, “said Ken WestPresident and chief executive officer of the Honeywell ESS segment. “Together, we will be able to create an integrated solution while diversifying our UOP projects and our service offers to help our customers from around the world continue to innovate and lead energy security for the future.”
The acquisition is expected to be made for profits during the first year and will add high growth vectors attractive to the Honeywell ESS company.
The acquisition follows the announcement by Honeywell of the Spin OFF of his aerospace technology company With the Planned spin-off of his Advanced Materials Companywhich will result in three industry leaders listed on the stock market with distinct growth strategies and engines.
Since December 2023, Honeywell has announced a certain number of strategic actions to stimulate organic growth and simplify its portfolio, including approximately $ 11 billion in recently closed or announced accreamed acquisitions: Carrier Global Access Solutions,, Civitanavi systems,, Caes systems,, LNG activity of air productsAnd Sundyne. In addition, Honeywell has concluded an agreement Designate your personal protection businessThis is expected to close in the second quarter of 2025. Honeywell remains employed to exceed her commitment to deploy at least $ 25 billion to high capital expenses, dividends, opportunistic action purchases and accreative acquisitions until 2025.
The acquisition of Honeywell of Johnson Matthey The segment of catalyst technologies companies should end by 1h 2026, subject to usual closing conditions, including the reception of certain regulatory approvals.
About Honeywell
Honeywell is an integrated operational company serving a wide range of industries and geographies worldwide. Our company is aligned with three powerful megateros – automation, the future of aviation and energy transition – supported by our operating system Honeywell Accelerator and Honeywell Forge IoT. As a trusted partner, we help organizations to resolve the most difficult and complex challenges in the world, providing exploitable solutions and innovations thanks to our aerospace technologies, industrial automation, automation of buildings and commercial segments of energy and sustainability that help make the world smarter and safer as well as safer and safer and safer world. For more news and information about Honeywell, please visit www.honeywell.com/newsroom.
We describe many of the trends and other factors that stimulate our activities and our future results in this version. Such discussions contain prospective declarations within the meaning of article 21st of the EXCHAGEN ACT SECURITIES of 1934, as modified (the exchange law). Prospective declarations are those which approach the activities, events or developments that management hears, projects, believes or provides that the company will occur or may occur in the future and include declarations related to the spin-off of the activity of advanced materials of the company in an autonomous company and to the public company and the proposed separation of automation and aerospace. They are based on hypotheses and management assessments in light of experience and past trends, current economic conditions and industry, expected future developments and other relevant factors, many of which are difficult to predict and out of our control. They are not future performance guarantees, and real results, developments and commercial decisions may differ considerably from those envisaged by our prospective declarations. We do not undertake to update or revise any of our prospective declarations, unless the securities law is required. Our prospective declarations are also subject to significant risks and uncertainties, including the macroeconomic and geopolitical risks in progress, such as lower GDP growth or recession, disturbances of the supply chain, capital market volatility, inflation and certain regional conflicts, which can affect our performances both nearby and long -term. In addition, no insurance can only be given any plan, initiative, projection, objective, commitment, expectations or perspective stated in this press release can or will be reached. These prospective declarations must be taken into account in light of the information included in this press release, our 10-K form and other deposits with the Securities and Exchange Commission. All the prospective plans described here are not final and can be modified or abandoned at any time.
This version refers to certain non-gap measures, in particular:
- Marge of the segment, which is defined as the benefit of the segment divided by net sales; The benefit of the segment, on a global basis of Honeywell, is defined as the operating result, the exclusion of actions remuneration costs, pensions and other postal service costs, the damping of the intangible linked to acquisition, certain costs linked to acquisition and repositioning and other costs.
- The profit adjusted by action, which is defined as a gain diluted by action adjusted to exclude brand expenses to marketing, the depreciation of intangible assets linked to the acquisition, certain costs linked to acquisition and other elements described in the approximations provided when we disclose the profit adjusted by action; And
- EBITDA, which we define as benefit before tax, depreciation and damping.
Management considers that, when considered with the reported amounts, these measures are useful for investors and management in understanding our current operations and in the analysis of current operational trends.
Management does not take into account these non-gap measures in isolation or as an alternative to financial measures determined in accordance with PCGRs. The main limits of these financial measures not in accordance with PCGRs are that they exclude significant expenses and income which are required by the PCGRs to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations because they reflect the exercise of judgments by the management on expenditure and income are excluded or included in the determination of these financial measures not in accordance with the PCGRs.
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