Honeywell completed its all-cash acquisition of Johnson Matthey’s Catalyst Technologies business on July 17, 2026. The transaction total reached £1.325 billion.
The deal allows Johnson Matthey to streamline operations and focus on its core precious metals expertise.
Honeywell will integrate the acquired catalyst knowledge with its existing process technologies and digital solutions.
This expansion bolsters Honeywell’s portfolio in refining, petrochemicals, and renewable fuels. The company aims to provide end-to-end solutions that improve client efficiency and advance energy security.