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Tag: elster
Enexis Selects Elster for Smart Meter Project
2016-06-09 00:13:00| Transmission & Distribution World
Honeywell has announced that its Elster business has been selected by Enexis for a five-year contract to deliver more than 1 million smart electricity meters in the Netherlands. read more
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meter
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Melrose to return A 2.4bn to shareholders following Elster disposal
2015-12-29 15:19:57| Chemicals - Topix.net
Melrose Industries said it has completed the A 3.3bn disposal of its Elster business to Honeywell International and announced the proposed return of around A 2.4bn in cash to shareholders, equivalent to 240p per ordinary share. Melrose agreed the disposal with Honeywell in July and announced in October its intention to return a large part of the net sale proceeds from the disposal to shareholders after completion and to carry out an associated share capital consolidation.
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melrose
Honeywell Expects Acquisition of Elster to Close in 2015
2015-12-29 11:31:06| Industrial Newsroom - All News for Today
Global Leader in Gas Heating, Controls, Metering, and Advanced Technologies Expected to Add ~$1.8 Billion in Annualized Sales Creates New Platform for Organic and Inorganic Growth $5.1 Billion Transaction Announced in July 2015 Closes Earlier Than Anticipated MORRIS PLAINS, N.J. Honeywell (NYSE: HON...
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acquisition
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honeywell
Honeywell to Acquire Elster, a Global Leader in Gas Heating, Controls, Metering, and Advanced Technologies
2015-08-03 12:31:10| Industrial Newsroom - All News for Today
Attractive Portfolio With Great Positions in Good Industries Differentiated Gas Technologies Fit Strongly with Honeywell Portfolio and Customers Gas, Water, and Electricity Metering Add Attractive Adjacencies Energy Efficiency Focus Connects to Honeywell's Global Growth Strategy Enhances Honeywell's...
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global
technologies
gas
Melrose surges on Elster disposal, plans to return over A 2bn to shareholders
2015-07-28 10:08:52| Chemicals - Topix.net
Melrose Industries rocketed 15% after saying it has entered into an agreement to dispose of its Elster business to Honeywell International for a cash consideration of A 3.3bn and announcing plans to return over A 2bn to shareholders. The company said the consideration is payable in cash on completion and implies a multiple of 3.1 times 2014 revenue and 14.3 times 2014 headline earnings before interest, tax, depreciation and amortisation.
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