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Honeywell acquires RMG Group |
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Friday, 04 September 2009 |
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Honeywell, a diversified technology and manufacturing leader recently announced it has completed the acquisition of the RMG Group (RMG Regel + Messtechnik GmbH and all of its subsidiaries, together RMG) a provider of natural gas measuring and control products, services and integrated solutions. According to Honeywell, RMG will be part of Honeywell Process Solutions (HPS) , a business within Honeywells Automation and Control Solutions group.
This acquisition brings great value to both Honeywell and RMG customers in the natural gas production supply chain, says Norm Gilsdorf, president of HPS. The integration of RMG products into the Honeywell portfolio enables us to provide more comprehensive solutions that can reduce installed, operating and engineering costs and improve our customers performance. In addition, the deal provides significant opportunity to grow in both mature and emerging markets around the world. |