Honeywell Plans to Spend 10 Billion U.S. Dollar M&A Expansion in Five Years

According to foreign reports, Honeywell International has announced that the company will double its funding for M&A expansion in the next five years in order to achieve an annual revenue of $59 billion by 2018.

Honeywell CEO Dave Cote said at an investor conference in New York a few days ago: "I hope (in the next five years) to spend $ 10 billion for mergers and acquisitions expansion; I promise to everyone that we will only execute wise mergers and acquisitions. ”

According to Bloomberg statistics, Honeywell’s total investment in mergers and acquisitions expansion during the past five years was approximately $4.7 billion. Honeywell’s operating income reached $39.1 billion last year, and the company’s revenue target for 2018 in five years' time is $59 billion.

Goldwell said that he evaluated about 100 companies as potential acquisition targets last year, focusing on companies with a business size of less than one billion U.S. dollars, because of the ease of consolidation after mergers and acquisitions. Since he became the CEO of Honeywell in February 2002, Goldwell has led the company to invest a total of US$12 billion in M&A expansion, equivalent to spending an average of US$1 billion each year for mergers and acquisitions.

Honeywell's business covers the consumer market and industrial market. The company expects its profit margin will reach 20% by 2018, an increase of 3.7 percentage points from the current level.

By 2018, Honeywell expects its new acquisition business will bring 8 billion US dollars of operating income, in addition, the company's current business revenue is expected to reach US$51 billion by 2018, up from 39.1 billion last year. The dollar has grown by more than 30%.

Special Effect Pigments

As a leading supplier of effect pigments in China, we take pride in offering high-quality and competitive pigments to our global customers. With over 20 years of experience in the industry, we have built a strong reputation for excellent service.

Our Special Effect Pigments category includes a wide range of products that can add a touch of magic to your creations.

• Fluorescent Pigments : These pigments exhibit vibrant and intense colors under UV light, making them perfect for eye-catching designs.
• Glow In The Dark Pigments: These pigments absorb and store light energy, allowing them to glow in the dark. They create a striking and luminescent effect in various applications.
• Thermochromic Pigments: These pigments change color with temperature variations. They offer an exciting way to create dynamic and interactive designs that react to heat.
• Photochromic Pigments: These pigments change color when exposed to sunlight or UV light. They provide a captivating transformation in outdoor environments.
• Holographic Pigments : These pigments create a mesmerizing rainbow effect by diffracting light. They add depth and dimension to any product or surface they are applied to.
• Chromashift Chromaflaks: These pigments exhibit a unique color-shifting property, appearing different shades when viewed from various angles. They offer a truly captivating visual experience.
• 3D Cat Eye Pigments: These pigments create a stunning cat-eye effect with a three-dimensional depth. They are widely used in nail art and other creative applications.
• Copper Gold Powders: These pigments give a luxurious metallic copper gold finish to your products, adding elegance and sophistication.
• Aluminum Powders: These pigments provide a metallic sheen and come in various particle sizes, allowing for different effects and applications.

Special Effect Pigments,Color Changing Pigments,Effect Pigment Powder

Kolortek Co., Ltd. , http://www.micapowders.com