Thursday 2 May 2024
 
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Melrose

Melrose to buy home products maker Nortek for $1.44bn

Engineering turnaround specialist Melrose Industries Plc said on Wednesday it had agreed to buy Nortek Inc in a cash deal valuing the US-based residential products maker at $1.436 billion. The offer of $86 per Nortek share represe

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Honeywell completes $5.1bn Elster acquisition

Honeywell, a diversified technology and manufacturing leader, today announced that it has completed its acquisition of the Elster Division of Melrose Industries.   Elster is a leading provider of thermal gas solutions for com

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Honeywell completes $5.1bn Elster acquisition

Honeywell, a diversified technology and manufacturing leader, today announced that it has completed its acquisition of the Elster Division of Melrose Industries.   Elster is a leading provider of thermal gas solutions for com

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