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September 09, 2024

Honeywell Finalizes Its Expensive Acquisition of CAES

Company Traded Almost $2 Billion to Build Their Portfolio

Honeywell announced on September 4 that its $1.9 billion acquisition of CAES System Holdings had been completed. The transaction aims to assist in long-term growth and diversify the company’s aerospace revenue streams. This is Honeywell’s fourth major purchase of the year.

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