Honeywell Acquires Maxon
Maxon manufactures a range of industrial combustion valves, burners, and systems. Its growth has been attributed to its technology and solutions that help customers meet increasing demands around energy-efficient operations, increasing environmental regulations, and the industrialization of emerging economies.
“This is a terrific strategic fit for both Maxon and Honeywell,” said Andreas Kramvis, ECC president. “Honeywell has extensive resources to enhance continued innovative product development and global reach; Maxon greatly expands Honeywell’s industrial combustion offerings and its portfolio complements our overall combustion and controls technology.”
For more information, visit www.honeywell.com.
Publication date: 12/24/2007