$340M Buy for Honeywell
Manufacturer Honeywell in Morristown announced on April 23 it paid about $340 million for RAE Systems, a San Jose, Calif., distributor of gas-detection systems.
Morris Twp. Office Building Sold
China Construction America, a construction company in Beijing with U.S. headquarters in Jersey City, announced on April 18 it paid about $71 million for the office building at 445 South St. in Morris Township from development firm Advance Realty in Bedminster.
Synechron Acquires Consultant
Synechron, an IT provider in Piscataway, announced on April 24 its acquisition of Double Effect, a management consulting company in Amsterdam, the Netherlands.
IGI Corp. Acquired
Nekoosa Coated Products, a paper product distributor in Nekoosa, Wis., announced on April 23 it acquired digital printing company IGI Corp. in South Plainfield, the parent of tape and film makers RTape, also in South Plainfield, and CET Films in Lakewood.
E&L Battery Acquired by Hahn
Hahn Automotive Warehouse of Rochester, N.Y., announced on April 17 its subsidiary, Prime Automotive Parts in Glendale, N.Y., acquired E&L Battery & Ignition in Newark. All are auto-parts distributors.
Blick Acquires Art Supplier
Blick Art Materials in Highland Park, Ill., announced on April 3 its acquisition of Utrecht Linens in Cranbury from private equity firm Topspin Partners LBO in Roslyn Heights, N.Y. Both are art-supply wholesalers.