Honeywell acquires Saia-Burgess Controls from Johnson Electric
On February 1, 2013, Honeywell acquired Saia-Burgess Controls, a leading provider of intelligent building controls, from Hong Kong-based Johnson Electric for approximately USD 130 million.
Lenz & Staehelin advised Honeywell. The team was led by David Ledermann (M&A) and included Nicolas Béguin (M&A), Cécile Berger and Giulia Castracane (Real Estate), Stefan Buerge (IP) and Rayan Houdrouge (Employment).