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US: Honeywell to sell auto Consumer Products Group

Honeywell has decided to sell its automotive Consumer Products Group (CPG) business to Rank Group, a New Zealand-based private investment company, in a cash transaction valued at around US$950m. The transaction is scheduled to be completed in the third quarter of this year. On receiving approval, Honeywell expects to account for Subscribe to Automotive World … Continued

Honeywell has decided to sell its automotive Consumer Products Group (CPG) business to Rank Group, a New Zealand-based private investment company, in a cash transaction valued at around US$950m.

The transaction is scheduled to be completed in the third quarter of this year. On receiving approval, Honeywell expects to account for

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https://www.automotiveworld.com/articles/85672-us-honeywell-to-sell-its-auto-consumer-products-group/

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