Honeywell Acquires Fire Sentry Corporation

MINNEAPOLIS – Honeywell (NYSE: HON) announced today that it has acquired Fire Sentry Corporation, a privately-held manufacturer of innovative fire detection and control products for a broad range of industrial markets. The terms of the transaction were not disclosed.

Based in Yorba Linda, California, Fire Sentry’s product portfolio consists of fast-responding electro-optical flame detectors, portable test lamps and dedicated control panels that are used by customers in industrial settings such as petrochemical, semiconductor, paint booth/finishing, automobile airbags and munitions plants. Fire Sentry’s products are designed to ensure rapid, accurate, and reliable detection of both hydrocarbon and non-hydrocarbon fires within a single device.

The acquisition will help Honeywell significantly expand its gas and flame detection, and monitoring solutions and builds on the company’s acquisitions of System Sensor in 1984 and Zellweger Analytics in 2005 among other important acquisitions in the gas detection arena. The company will be integrated into Honeywell Life Safety and will extend significant synergies in distribution channels, vertical end-markets and global end-users.

“This acquisition will further strengthen Honeywell’s leadership position in the gas detection space by enhancing our competitive gas and flame offering and bolstering our cross-selling opportunities across the globe,” said Mark Levy, president and CEO of Honeywell Life Safety. “Fire Sentry has a 30-year history of proven fire and flame detection innovation and more than 100,000 units installed worldwide in a wide array of industrial settings. This is a great fit for our Life Safety business and deeply complements our technology advances in gas detection which include an impressive number of technological firsts.”

Fire Sentry’s smart electro-optical radiant energy multi-spectrum and multi-spectral flame detectors and associated products greatly reduce false alarms thanks to its innovative use of patented algorithms.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.
Media Contacts
Lourdes Pena
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lourdes.pena@honeywell.com
Donald P Galman
847-955-8389
don.galman@honeywell.com