Honeywell (NYSE: HON), Morris Plains, NJ, has agreed to acquire supply chain and warehouse automation provider Intelligrated, Atlanta, GA, for $1.5 billion from a company backed by the Permira funds.
Intelligrated will be part of Sensing and Productivity Solutions (S&PS) in Honeywell's Automation and Control Solutions business. The company designs, manufactures, integrates and installs warehouse automation solutions, software and services to improve distribution and fulfillment operations.
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