Sperian Acquisition Wins U.S. Antitrust Clearance

Honeywell announced the FTC action on July 16 and said the deal will be completed if two remaining steps are done.

European Union antitrust clearance and having the owners of at least 57 percent of Sperian's shares tender them are now the only hurdles remaining to the completion of Honeywell's acquisition of the Paris-based PPE manufacturer. Honeywell announced July 16 that the $1.4 billion acquisition had received clearance from the U.S. Federal Trade Commission. The tender offer opened July 12.

The French Ministry of Economy, Industry and Employment already approved the transaction on July 8, according to Honeywell's releases. Honeywell expects the transaction to close in the third quarter of 2010 –- Sept. 2 is the expected date. When it is completed, Sperian will be part of the Life Safety business unit within Honeywell's Automation and Control Solutions segment.

The European Commission's action on the acquisition has been filed as Case COMP/M.5908, with third parties invited to e-mail comments about it to COMP-MERGER-REGISTRY@ec.europa.eu, referencing number COMP/M.5908 — Honeywell/Sperian.

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • The Top 5 Safety and Technology Trends to Watch in 2019

    Get the latest on trends you can expect to hear more about in 2019, including continued growth of mobile safety applications, wearable technology, and smart PPE; autonomous vehicles; pending OSHA recordkeeping rulemaking; and increased adoption of international safety standard, ISO 45001.

  • Get the Ultimate Guide to OSHA Recordkeeping

    OSHA’s Form 300A posting deadline is February 1! Are you prepared? To help answer your key recordkeeping questions, IndustrySafe put together this guide with critical compliance information.

  • Safety Training 101

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We’ve put together a guide on key safety training topics, requirements for certifications, and answers to common training questions.

  • Conduct EHS Inspections and Audits

    Record and manage your organization’s inspection data with IndustrySafe’s Inspections module. IndustrySafe’s pre-built forms and checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Industry Safe

OH&S Digital Edition

  • OHS Magazine Digital Edition - January 2019

    January 2019

    Featuring:

    • PREVENTING ERRORS
      Production vs. Safety 
    • EMERGENCY SHOWERS & EYEWASH
      Meeting the Requirements for Emergency Equipment
    • CONSTRUCTION SAFETY
      The State of Contractor Safety
    • FOOT PROTECTION
      The Three Keys to Effective Chemical Management
    View This Issue