Northford, Conn– Honeywell (NYSE: HON) announced its intention to acquire Zellweger Analytics, a global leader in hazardous gas detection technology. The transaction is subject to regulatory approval and is expected to close in the second quarter of 2005. Acquisition terms were not disclosed.
Based in Uster, Switzerland, Zellweger Analytics is a leading manufacturer of toxic and flammable gas detection systems. The company has nearly 40 years of experience in the design and manufacture of innovative gas detection products for use in semiconductor, industrial and oil and gas industries. Zellweger Analytics’ products help ensure the safety of employees, protect high-value assets and prevent costly plant shutdowns. Zellweger Analytics maintains offices throughout Europe, Asia-Pacific and in the United States.
After the acquisition, Zellweger Analytics, which has annual sales of approximately USD $170 million, will become part of the Life Safety business unit within Honeywell Automation and Control Solutions.