IK to sell Transnorm to Honeywell
Private equity firm IK Investment Partners’ (IK) IK VII Fund is to sell Transnorm Group (Transnorm), a provider of automation technology used in parcel, distribution and e-commerce warehouses, to Honeywell International (Honeywell) for approximately EUR425 million. Founded in 1957, Transnorm has grown to become a global market leader for high-performance
