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Honeywell wraps up $1.81 billion acquisition of Air Products’ LNG business

By LNG Prime Staff
Honeywell wraps up $1.81 billion acquisition of Air Products’ LNG business
A completed LNG heat exchanger manufactured at Air Products' Port Manatee facility (Image: Air Products)

US conglomerate Honeywell has completed the previously announced $1.81 billion acquisition of Air Products’ liquefied natural gas (LNG) process technology and equipment business. In July, the two firms revealed the all-cash transaction. Air Products announced the completion of the deal in a statement on Monday, saying that closing conditions for the transaction have been fully…

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