Sundyne designs, manufactures and supports highly-engineered pumps and gas compressors used in process industries. Pumps brands include Sundyne, Sunflo, Ansimag, HMD Kontro and Marelli.
Headquartered in Arvada, Colorado, USA and with additional locations around the globe, Sundyne brings approximately 1,000 employees and a significant recurring aftermarket revenue generated from an extensive installed base to Honeywell.
Honeywell says the addition of Sundyne’s equipment will enhance the ability of its Energy and Sustainability Solutions (ESS) business segment to drive innovation and efficiency, while supporting critical energy security needs across the world. Sundyne will also unlock strategic growth potential for Honeywell UOP’s value chains in refining and petrochemicals, liquefied natural gas (LNG) and clean and renewable fuels. In addition, the Honeywell Forge IoT platform will enable the digitalization of Sundyne’s equipment to enhance reliability and predictive maintenance. Utilizing Honeywell’s advanced R&D capabilities, the combined company will also be able to further accelerate new product development in the pumps and compressors space.
“By combining Honeywell’s top-tier technology with Sundyne’s leading process industry solutions, this acquisition will further enhance our dynamic Honeywell UOP business and create strategic growth opportunities in attractive verticals,” said Vimal Kapur, chairman and CEO of Honeywell. “Sundyne’s vast installed base of top-of-the-line pumps and compressors will further strengthen Honeywell’s brand in the process industry and create significant opportunities for us to continue expanding our aftermarket services business.”
“Through the integration of Sundyne’s differentiated suite of products and equipment, combined with the process automation capabilities of our Honeywell Forge technology, we will be able to offer our customers a more comprehensive portfolio of solutions to meet their evolving needs," said Ken West, president and CEO of Honeywell's ESS segment.
“The combination of Sundyne and Honeywell will add significant value for our customers, channel partners and employees – and we’re honored to join the Honeywell family,” said Sundyne’s CEO Mary Zappone. “There are numerous benefits that we can achieve together with Honeywell that will accelerate growth and improve efficiency for customers.”
“We are incredibly proud to have partnered with the talented leadership team at Sundyne over the past five years. Sundyne's focus on diversifying its end markets, investing in innovative products, and optimizing its operations has set a solid foundation for sustained, above-market growth,” said Dan Zamlong, managing director, Warburg Pincus.
Honeywell’s acquisition of Sundyne is expected to close in the second quarter of 2025.
