Honeywell to acquire Elster

By Honeywell news release

Jul 31, 2015

Honeywell International has signed a definitive agreement to acquire the Elster Division of Melrose Industries PLC, a leading provider of thermal gas solutions for commercial, industrial, and residential heating systems and gas, water, and electricity meters, including smart meters and software and data analytics solutions.

The acquisition is expected to occur in the first quarter of 2016, and is subject to customary closing conditions, including regulatory review and Melrose shareowner vote.

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