U.S. Markets closed

Honeywell Acquires Ortloff Engineers

Peter Neil
Honeywell Acquires Ortloff Engineers

On September 4, Honeywell (HON) announced that it acquired Ortloff Engineers. Honeywell didn’t disclose the financial aspects of the deal. Honeywell said that the acquisition won’t impact its earnings guidance. On August 23, Honeywell increased its fiscal 2018 adjusted EPS guidance by $0.05 to $8.10–$8.20.