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.
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