The acquisition brings approximately 475 employees into Honeywell's fold, bolstering its capabilities in driving energy transition.

Honeywell's full-service solution now provides customers a holistic offering that encompasses natural gas pre-treatment, state-of-the-art liquefaction and digital automation technologies'.

Honeywell International Inc. HON has completed the acquisition of Air Products and Chemicals, Inc.’s APD liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in cash.

Honeywell announced the completion of its acquisition of Air Products’ liquefied natural gas, LNG, process technology and equipment business for $1.81 billion in an all-cash transaction. This further expands the comprehensive suite of top-tier solutions Honeywell offers its customers for managing their energy transformation journey.