Hammarskiöld has acted as local legal advisers to Honeywell International, Inc. in connection with the acquisition of Johnson Matthey’s Catalyst Technologies for £1.8 billion ($ 2.4 billion). Latham & Watkins acted as lead counsel for Honeywell.
Honeywell International, Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in aerospace, building automation, industrial automation, and energy and sustainability solutions. Johnson Matthey’s Catalyst Technologies business segment is a leading provider of catalyst manufacturing and process technology licensing. The business employs approximately 1,900 people and is headquartered in London, United Kingdom, with operations across the U.S., Europe, and India. Its integration with Honeywell’s Energy and Sustainability Solutions (ESS) segment is expected to bring attractive high-growth opportunities to Honeywell’s portfolio and generate significant additional value through cost synergies. The combined offering will deliver licensed technologies, engineering services, and catalysts to enable the conversion of hydrocarbon and renewable feedstocks into high-value end products.
Hammarskiöld’s core team consisted of:
