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Honeywell To Buy Novar
Honeywell International Inc., Morris Township, N.J., has agreed to
buy the British industrial holding company Novar plc for about $1.7
billion.
Novar plc, with reported 2003 revenue of $2.7 billion, is an
international group whose core divisions are Intelligent Building
Systems (IBS), Indalex Aluminum Solutions, and Security Printing
Services. Novar’s IBS unit will enhance Honeywell’s
offering of security, fire and building controls products and services,
particularly in the United Kingdom and Germany, and support its
strategy of global growth of these businesses. Honeywell does not
intend to hold Indalex Aluminum Solutions and Security Printing
Services in the long-term and expects to pursue strategic alternatives
for these units as soon as practical.
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Industry Calendar
Jan. 21-24, 2009 NAED Western Region Conference: Palm Desert, Calif.; National Association of Electrical Distributors (NAED), (314) 991-9000, www.naed.org
Feb. 25-28, 2009 NAED South-Central Region Conference: Orlando, Fla.; NAED, (314) 991-9000, www.naed.org
March 10-14 Electronic House Expo Spring 2009: Orlando, Fla.; EH Publishing, 508-663-1500, www.naed.org
March 17-20 Electric West Conference: Las Vegas, Penton Media Exhibitions, 203-358-3704, www.electricshow.com
March 18-21 NEMRA Annual Conference: Orlando, Fla.; National Electrical Manufacturers Representatives Association, 800-446-3672, www.nemra.org
April 19-23 NAILD Convention: Scottsdale, Ariz.; National Association of Independent Lighting Distributors (NAILD), 716-875-3670, www.naild.org
April 20-23 A-D Electrical Supply Division Network Meeting: Houston; Affiliated Distributors (A-D), 610-977-3100, www.mya-d.net
April 29-May 1 2009 Equity/EDN Annual Meeting: Dallas; Equity/EDN Electrical Associates; 800-373-1894, www.equityedn.org
May 3-4
Lightfair International:
New York; AMC Inc.; 204-220-2004, www.lightfair.com
May 4-7
Windpower 2009 Chicago:
American Wind Energy Association (AWEA); 202-383-2512
May 16-20
NAED National Electrical Leadership Summit:
Fort Lauderdale, Fla.; NAED; 888-791-2512; www.naed.org
June 28-July 1
Women in Industry Forum:
Santa Fe, N.M.; NAED; 888-791-2512; www.naed.org
July 30-August 1
NAED LEAD Conference:
Orlando, Fla.; NAED; 888-791-2512; www.naed.org
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