Honeywell Completes Acquisition of Sperian

  • Sep 15, 2010

Honeywell today announced it has completed its acquisition of Sperian Protection for approximately $1.4 billion, including the assumption of net debt.

“Sperian Protection is an excellent fit for Honeywell,” said Mark S. Levy, president and CEO of Honeywell Life Safety. “With highly developed product lines, well-recognized brands, and a strong global distribution channel, Sperian complements and significantly strengthens Honeywell’s position in the personal protective equipment segment. The addition of Sperian will enable Honeywell to further capitalize on the significant opportunities presented by this high-growth industry.”

Both American and European antitrust authorities have approved the acquisition, which makes Honeywell the global leader in PPE manufacturing. Sperian Protection will be combined with Honeywell’s Automation and Control Solutions’ Life Safety business.

Headquartered in Paris, France, Sperian employs more than 6,000 in facilities throughout 13 countries in the Americas, Asia-Pacific, Europe, and Africa.

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