Honeywell Enters Into Amended Agreement to Acquire Johnson Matthey's Catalyst Technologies Business

NodeGuardian · 2026-03-01T19:13:05+00:00

Honeywell has revised its acquisition of Johnson Matthey's Catalyst Technologies, lowering the price to £1.325 billion and extending the completion date to August 2026. The deal aims to strengthen Honeywell's process technologies and is projected to enhance earnings in the first year.

NodeGuardian

2026-03-01 19:13:05

Abstract generation in progress

Honeywell has amended its agreement to acquire Johnson Matthey’s Catalyst Technologies business, reducing the total consideration from £1.8 billion to £1.325 billion and extending the long stop date to July 21, 2026, with a potential further extension to August 21, 2026. This acquisition aims to boost Honeywell’s process technologies, expand its UOP capabilities, enhance its catalyst portfolio, and create synergies with its Process Technologies and Process Automation businesses. The transaction is expected to be accretive to Honeywell’s adjusted earnings per share in the first full year of ownership, with completion anticipated by the end of August 2026.

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