Honeywell to acquire Enraf

Brussels – Honeywell is paying $260 million to acquire Enraf Holding BV, part of Delft Instruments of Delft, The Netherlands, subject to regulatory approvals. The $130-million turnover, Dutch company offers technology, products and services for the transportation, storage and blending operations in the oil & gas industry.

“Enraf will enable us to deliver a more comprehensive automation solution in energy production, processing, transport, storage and product distribution,” said Jack Bolick, HPS president said in a 26 June Honeywell announcement.

Enraf Holding comprises six groups:

Enraf Terminal Automation - precision measurement systems and software for tank storage companies

Enraf Calibron Systems - small volume provers and liquid density meters

Enraf Contrec Ltd - fuel management systems used by the petrochemical industry at bulk tank storage sites

Enraf Fluid Technology - custom-engineered explosion-proof precision blending and additive metering equipment

Enraf Marine Systems - level measurement systems for marine applications

Enraf Tanksystem SA - mobile precision level measurement systems used on board ships