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
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/85672-us-honeywell-to-sell-its-auto-consumer-products-group/
Join our LinkedIn Group
Let us help you understand the future of mobility