Honeywell completed its £1.325 billion all-cash acquisition of Johnson Matthey’s Catalyst Technologies business.
The transaction officially closed on July 17, 2026.
This purchase strengthens Honeywell’s portfolio across refining, petrochemicals, and renewable fuels.
The deal adds specialized catalyst expertise to Honeywell’s existing process technology and digital capabilities.
This integration allows the company to provide comprehensive end-to-end solutions to customers.
The acquisition aligns with Honeywell’s broader strategy of portfolio transformation through targeted purchases and spin-offs.