Warburg Pincus Sells Sundyne to Honeywell for $2.16 Billion

Cleary Gottlieb is representing Warburg Pincus in its sale of Sundyne to Honeywell International (Honeywell) for $2.16 billion in cash.

The transaction signed on March 4, 2025, and is expected to close in the second quarter of 2025, subject to customary conditions, including regulatory approvals. The transaction values Sundyne at approximately 14.5 times its 2024 EBIDTA on a tax-adjusted basis.

Headquartered in Arvada, Colorado with operations and presence in Europe, the Middle East, India, Asia, Japan, and China, Sundyne is a global manufacturer of precision-engineered, highly reliable, safe and efficient centrifugal pumps and compressors for use in chemical, petrochemical, hydrocarbon, hydrogen, carbon capture, renewable fuels, power generation, and industrial applications. It is the world leader in delivering low-flow, high-head integrally geared centrifugal pumps and compressors, safe and leakage-free sealless magnetic drive centrifugal pumps, and diaphragm compressors. Sundyne pumps and compressors are available in API, ANSI/ASME, ISO, and other industry compliant designs.