Honeywell announced on Monday it completed its latest acquisition, this time for a pump and gas compressor manufacturer for nearly $2.2 billion in an all-cash transaction.

Charlotte-based Honeywell boosts energy operations with its $2B acquisition of Sundyne, part of its ongoing business reconfiguration efforts.

The company slipped five places from last year's ranking. Honeywell has finalized a $2 billion, all-cash deal for a Colorado company that makes pump and gas compressor devices.

In its lawsuit, Honeywell claimed the Canadian company’s sole business is patent licensing through litigation and threat of litigation.

CFO newsAlexei Alexis Reporter Alexei Alexis is a Reporter at CFO Dive. Throughout his career as a journalist, Alexei has covered some of the most pressing issues for decision-makers across the ...