Honeywell acquires Sperian in $1.4 billion deal
Morris Township, NJ-based Honeywell on Sept. 15 announced it has completed its acquisition of Sperian Protection for approximately $1.4 billion, including the assumption of net debt.
Sperian, based in Paris, manufactures head, body and fall protection. Its brands include Howard Leight, Miller and UVEX. Honeywell said Sperian will be combined within Honeywell's Automation and Control Solutions' Life Safety business.
"With highly developed product lines, well-recognized brands and a strong distribution channel, Sperian complements and significantly strengthens Honeywell's position in the personal protective equipment segment," said Mark S. Levy, Honeywell Life Safety president and CEO.
Post a comment to this article
Safety+Health welcomes comments that promote respectful dialogue. Please stay on topic. Comments that contain personal attacks, profanity or abusive language – or those aggressively promoting products or services – will be removed. We reserve the right to determine which comments violate our comment policy. (Anonymous comments are welcome; merely skip the “name” field in the comment box. An email address is required but will not be included with your comment.)