Home » Honeywell acquires RMG Group
Honeywell acquires RMG Group
08/17/2009
BRUSSELS – Honeywell has completed the acquisition of the RMG GROUP (RMG Regel + Messtechnik GmbH and all of its subsidiaries, together RMG) for approximately $400 million USD. The acquisition strengthens Honeywell’s position in the high-growth clean energy industry, specifically natural gas.
Based in Kassel, Germany, RMG is a global leader in natural gas measuring and control products, services and integrated solutions. RMG will be part of Honeywell Process Solutions (HPS), a business within Honeywell’s Automation and Control Solutions group. HPS provides automation and control systems, safety systems, simulation technology, wireless technology and integrated facility and process security systems for industrial process manufacturers. RMG aligns strongly with Honeywell’s extensive portfolio of field instrumentation and control solutions.
“This acquisition brings great value to both Honeywell and RMG customers in the natural gas production supply chain,” said Norm Gilsdorf, president of HPS. “The integration of RMG products into the Honeywell portfolio enables us to provide more comprehensive solutions that can reduce installed, operating and engineering costs and improve our customers’ performance. In addition, the deal provides significant opportunity to grow within our existing customer bases in both mature and emerging markets around the world.”
More News:
-
05/22/2013
Smart Grid: Independent Testing Of Rossi's E-Cat Cold Fusion Device Shows Positive Results
Forbes magazine's tech contributor Mark Gibbs writes that independent testing of Andrea Rossi's E-CAT Cold Fusion Reactor has positive results.The implications of the possible commercialization of cold fusion power sources are incredible.
-
05/21/2013
Compressor Controls: Saudi Aramco Buys First GE Compressor Control Systems
Saudi Aramco has purchased advanced compressor control technology from GE for the Haradh GOSP-1 facility in Saudi Arabia's Eastern Province.
-
05/21/2013
SANS Control Security Training Coming to Houston
SANS Institute will hold ICS Security Training event on June 10-15 in Houston
-
05/21/2013
ISA Training Through June in Houston
Technician training, engineering survival and SIS boot camps for condensed, intense, comprehensive educational experience.
-
05/20/2013
Past Time to Upgrade Your DCS?
Upgrading Your DCS: Why You May Need to Do It Sooner Than You Think
-
05/20/2013
Metso Provides New Heating Solution for Finnish Utility
Finland's largest pellet-fired heating plant produces environmentally friendly energy in Tampere
-
05/20/2013
NIST Releases Initial Cyber Security Framework Comment Analysis
The National Institute for Standards and Technology has released an initial analysis of the hundreds of comments by industry and the public they have received on the Obama Administration's "Improving Critical Infrastructure Cyber Security" executive order.
-
05/20/2013
K-BIM Consortium Selects Siemens' Parasolid for New AEC Applications
-BIM, a consortium of commercial, academic and government organizations wants the new application suite to help create a national standard for building information management (BIM)
-
05/17/2013
Friday p.m. Wrap-Up:This Week on ControlGlobal and Elsewhere
Some of the week's biggest stories in process automation
-
05/16/2013
What's Bad Weather Costing Us?
U.S. taxpayers paid nearly $100 billion responding to damages caused by last year’s extreme weather events associated with climate change, about $1,100 per taxpayer, according to an analysis by the Natural Resources Defense Council (NRDC).
- All news »
Sponsored Links
Control Digital Edition
Access the entire print issue on-line and be notified each month via e-mail when your new issue is ready for you. Subscribe today.
- Featured White Papers
Print page