Honeywell, a conglomerate that operates in aerospace, building automation, technologies, safety, and productivity solutions, closed the deal on June 3, acquiring Carrier's Global Access Solutions and the Brazilian entity, Onity. The company produces security solutions, including electric locking systems and contactless mobile key solutions.
The Global Access Solutions business will enhance and strengthen Honeywell Building Technologies’ building automation capabilities and business model of leading with high-value products that are critical for buildings.
The transaction is part of Honeywell’s strategy to align its portfolio to three identified market trends: automation, the future of aviation and energy transition.
TozziniFreire Advogados’s team advised Honeywell do Brasil and included partners Maria Elisa Gualandi Verri and Silvia Castro Cunha Zono, besides associates Victor Frias Françoso, Cauê Jorge de Almeida, João Vitor de Almeida Ramos, and Luis Pedro Matos França. Simmons & Simmons LLP also counselled the same party, counting on lawyers Edward Robson and Ludo Millar.
Villemor Amaral Advogados counselled Onity and relied on partner Hermano de Villemor Amaral, associates Gabriel Bon de Macedo, and Vinicius Combacau de Freitas. Linklaters LLP also assisted Onity with the assistance of lawyers Katherine Turner; Eleanor Tayler; and Derek Tong.
About TozziniFreire Advogados
TozziniFreire is a leading legal services organization in Latin America, operating in all areas of Business Law and with a relevant track record in serving local and foreign companies from the most diverse industries. With branch offices in several cities in Brazil (São Paulo, Rio de Janeiro, Brasília, Porto Alegre, and Campinas), including in New York, TozziniFreire strives to provide a unique standard of service quality and the same facilities to its clients throughout the country. We have played a key role in many of the most significant transactions in the Brazilian market, contributing to the growth of the country's economy in recent decades. The relevance of our work has been recognized by specialized national and international publications, considering independent research interviews with professionals from the largest companies in the world. TozziniFreire and its partners are constantly referred to as leaders handling notable matters in the most varied business law practices. For further information, follow us on our social media channels and check out our website at www.tozzinifreire.com.br.
