Honeywell to acquire Swiss-based energy controls firm for $130M

New Jersey-based Honeywell International Inc. has reached a deal to buy Saia Burgess Controls for $130 million, the Star Tribune reports. The Swiss-based company makes programmable heating and cooling controls for commercial buildings. It will become part of Honeywell’s Environmental and Combustion Controls business, which is based in Golden Valley.

Author:: BMTN Staff
Publish date:: Oct 25, 2012

New Jersey-based Honeywell International Inc. has reached a deal to buy Saia Burgess Controls for $130 million, the Star Tribune reports. The Swiss-based company makes programmable heating and cooling controls for commercial buildings.

Saia Burgess Controls will become part of Honeywell’s Environmental and Combustion Controls business, which is based in Golden Valley. The acquisition should be complete in January.

Click here, for the company news release.

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