Honeywell has acquired Enraf Holding B.V., a division of privately held Delft Instruments, based in Delft, Netherlands in a deal valued at approximately A$306 million.
“This acquisition brings tremendous upside to both Enraf and Honeywell Process customers in the energy production supply chain,” said Jack Bolick, president of Honeywell Process Solutions.
“The integration of Enraf products into the Honeywell portfolio enables us to provide more comprehensive solutions that will reduce installed, operating and engineering costs and improve our customers’ performance. In addition, the acquisition brings an opportunity to grow within our existing customer base and in new sectors such as bio-fuels, LNG terminals and petrochemicals.”
Enraf is a leading provider of mission-critical measurement and controls solutions for the exploration, production and transportation of energy products for land and marine applications.
The Enraf line of products for measurement, inventory management, additive injection and custody transfer applications for liquids are complimentary to Honeywell’s extensive portfolio of process control, process safety, plant reliability and advanced applications for oil and gas, refining and petrochemical companies. Enraf will be part of Honeywell Process Solutions (HPS).