Honeywell (Morris Township, N.J.; www.honeywell.com) has completed the acquisition of the RMG Group (RMG Regel + Messtechnik GmbH and all of its subsidiaries, together RMG; www.rmg.de) for approximately $400 million. The acquisition strengthens Honeywell’s position in the high-growth clean energy industry, specifically natural gas.
Based in Kassel, Germany, RMG is a global leader in natural gas measuring and control products, services and integrated solutions. RMG will be part of Honeywell Process Solutions (HPS), a business within Honeywell’s Automation and Control Solutions group.
Honeywell completes acquisition of RMG Group
| By Dorothy Lozowski