Honeywell snaps up RMG Group (Dealscape

Honeywell International Inc. moved late Thursday to boost its offerings to the natural gas industry, agreeing to acquire Germany's RMG Group for about $400 million.

Kassel-based RMG is the holding company for RMG Regal + Messtechnik GmbH, a maker of technology to control and measure gas flow for heavy industrial companies. The target expects sales of about $290 million in 2009, according to Honeywell.

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NOT A SUBSCRIBER? Honeywell snaps up RMG Group Posted on June 26, 2009 6:13 PM Honeywell International Inc. moved late Thursday to boost its offerings to the natural gas industry, agreeing to acquire Germany's RMG Group for about $400 million. Kassel-based RMG is the holding company for RMG Regal + Messtechnik GmbH, a maker of technology to control and measure gas flow for heavy industrial companies. The target expects sales of about $290 million in 2009, according to Honeywell. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 799 in-depth reports of M&A deals in the Energy sector 127 company pages related to Germany 36 in-depth transaction records for Honeywell 18 articles related to RMG 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

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