A US multinational conglomerate is to buy the tech division of British chemicals firm Johnson Matthey for £1.8bn. Honeywell has agreed an all-cash deal to buy Catalyst Technologies, representing approximately 11x of its estimated 2025 EBITDA. It will be combined with Honeywell’s energy and sustainability solutions business, which sells catalyst and process technologies. The deal … Continue reading US conglomerate makes £1.8bn Johnson Matthey tech swoop