Honeywell to Acquire Sundyne in $2.16B Deal

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Warburg Pincus, which has owned Sundyne for the past five years, also praised the company’s evolution. “We are incredibly proud to have partnered with Sundyne’s talented leadership team,” said Dan Zamlong, managing director at Warburg Pincus. “Sundyne’s focus on diversifying its end markets, investing in innovative products, and optimizing operations has set a solid foundation for sustained, above-market growth.”

Details on legal counsel for the transaction were not immediately available. However, as Honeywell continues its transformation, one thing is clear: the industrial powerhouse is playing for keeps, strategically positioning itself for a dominant future in multiple sectors.