@jq Yes, anyone who believes that will soon be proven wrong. How else can it be explained that TREW announces the acquisition as news on its homepage?
And don’t fall for the fairy tales your management is telling you that IGS is five times larger than TREW. There are hardly any official figures for TREW, but if you compare the sources that assume five times as many employees, those same sources also show that this results in only about 2.5 times the revenue.
I believe TREW’s figures will become the benchmark for AIP.
Until the final signing and the IT carve out of a large part of Honeywell, I don’t see much change here. But for the time after that, it is probably clear where the journey is heading. Too many bloated structures were built up under Honeywell, and the processes are by far the most inefficient in the industry comparison.
Even bleaker is the situation likely to be for Transnorm and for EMEA & APAC. I cannot see a global strategy. I hope I am wrong, but synergies between IGS and TREW for the US market will already cost a lot of effort. Who, then, will still be able to deal with the appendages?