Honeywell completes acquisition of Elster

By Honeywell news release

Jan 04, 2016

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Honeywell has completed the acquisition of Elster, a global leader in gas heating, controls, metering and advanced technology.

Elster is 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.

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, within Honeywell Performance Materials and Technologies.

“I would like to welcome Elster employees to Honeywell Environmental & Energy Solutions," said Tim Darkes, president, Honeywell E&ES. "Elster brings outstanding people, technology and a global base of utility customers to augment Honeywell’s energy, home and buildings products and solutions. Together, our common goal is to continue to introduce innovative new products for our customers, and leverage our global scale and broad portfolio to drive growth around the world.”

Elster’s products and technologies complement Honeywell Process Solutions' 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.

“We are very pleased to welcome Elster’s employees to Honeywell," said Vimal Kapur, President of Honeywell Process Solutions. "Customers of both Honeywell and Elster will benefit from the strength and technologies of the expanded line of products, services and solutions.”