Honeywell Int’l Inc. announced it sold ESSER Italia to French company DEF for undisclosed financial terms. Honeywell was obligated to sell the business as a condition by the European Commission of its recent purchase of Novar. As part of the transaction, Honeywell will continue to sell ESSER-brand products outside of Italy and will continue to operate ESSER’s non-fire businesses in Italy, including its building management systems and Brand-Rex cabling systems.
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ArticlesHoneywell Divests Intelligent Building Systems
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