June 14, 2012: Honeywell Acquires Inncomm
Honeywell said the acquisition will enhance its existing building management control systems offerings and broadens its customer base into the high-growth global lodging industry. Inncomm’s lodging customers include leading global brands ranging from mid-scale hotels to five-star luxury properties, including Hilton, Sheraton, Hyatt, St. Regis, Four Seasons, Radisson, Kimpton, and others.
Inncomm, with 2011 sales of $24 million, offers a range of devices and solutions that make guest rooms and common areas “smarter” and more energy efficient, combining temperature and humidity control, energy management, lighting and drape control, online electronic lock control, guest interfaces, and operating enhancements for housekeeping, security, operations, and management staff.
“Energy and operational efficiency are key drivers for hotels, hospitals, and educational institutions as they seek to reduce their energy costs while ensuring the comfort and security of their guests, patients, or students,” said Beth Wozniak, president of Honeywell ECC. “This acquisition complements our commercial strategy as a full energy services provider, including integrated HVAC, lighting controls, and energy management.
“Inncomm has an excellent product portfolio, including innovative energy management software, that will complement Honeywell’s existing building management portfolio,” Wozniak added. “And there is substantial opportunity to drive incremental growth by utilizing Inncomm’s global dealer network along with Honeywell’s contractor-dealer and direct sales channels.”
Inncomm will be integrated into Honeywell’s Environmental & Combustion Controls (ECC) business, a part of Honeywell Automation and Control Solutions (ACS), and will join the businesses’ other Honeywell commercial controls brands.
“Being a part of Honeywell — with its powerful global brand and resources — will enable Inncomm to build on our success as the leading provider of energy and automation solutions on a global scale,” said Duane Buckingham, chief executive officer, Inncomm. “Our product offerings are a perfect fit with Honeywell’s portfolio, and together will be the best and most comprehensive solution set for customers.”
Inncomm’s devices are installed in more than 800,000 hotel rooms around the world, and another 10,000 rooms in hospitals, colleges-universities, and military housing facilities. Based in Niantic, Conn., Inncomm has 115 employees.
For more information, visit www.honeywell.com.
Publication date: 6/11/2012