Honeywell completes Elster acquisition
05 January 2016
Honeywell has now completed the acquisition of Elster, a provider of measurement solutions for gas, heating, controls, metering and advanced technology.
“The acquisition of Elster adds outstanding technologies, strong well-recognised brands, energy efficiency know-how, and a global presence to the Honeywell portfolio,” said Honeywell chairman and CEO Dave Cote. Elster’s gas heating and gas, water, and electricity metering businesses will be integrated with Honeywell’s Environmental & Energy Solutions business (E&ES), part of Honeywell Automation and Control Solutions.
Elster’s upstream and midstream gas applications businesses will be integrated with Honeywell Process Solutions (HPS) within Honeywell Performance Materials and Technologies.
It is hoped that the addition of Elster’s products and technologies will complement HPS’ current position in the natural gas sector. The new expanded line of products includes ultrasonic and turbine meters, electronic volume correctors, gas chromatographs, flow computers, regulators and pressure reducing stations for the gas transmission and distribution industry.
Commenting on the acquisition, Vimal Kapur, president of Honeywell Process Solutions, said: “We are very pleased to welcome Elster’s employees to Honeywell. Elster’s wide range of fully-connected gas metering products and solutions, will complement and expand HPS’ industry-leading portfolio for natural gas transmission, distribution and storage. Customers of both Honeywell and Elster will benefit from the strength and technologies of the expanded line of products, services and solutions.”
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