BRUSSELS, Belgium -- Honeywell has completed the $260-million acquisition of Enraf Holding BV, a division of privately held Delft Instruments.
"The integration of Enraf products into the Honeywell portfolio enables us to provide more comprehensive solutions that will reduce installed, operating, and engineering costs and improve our customers' performance," says Jack Bolick, president of Honeywell Process Solutions.
"In addition, the acquisition brings an opportunity to grow within our existing customer base and in new sectors such as bio-fuels, LNG terminals, and petrochemicals.
Enraf provides measurement and control solutions for the exploration, production, and transportation of energy products for land and marine applications. Enraf will be part of Honeywell Process Solutions.