Honeywell International said on Tuesday it would buy pump-maker Sundyne from private-equity firm Warburg Pincus for $2.16 billion in cash, as the U.S. conglomerate strengthens its energy business ahead of a planned three-way split.

Colorado-based Sundyne is a designer and manufacturer of pumps and gas compressors led by brands of Ansimag, HMD Kontro and Marelli.

(Reuters) -Honeywell International is closing in on a nearly $2.2 billion deal to buy pump-maker Sundyne from private-equity firm Warburg Pincus, the Wall Street Journal reported on Tuesday. Honeywell and Sundyne did not immediately respond to Reuters' requests for comments.

Honeywell has agreed to acquire Sundyne from private equity firm Warburg Pincus for $US2.16 billion in an all-cash transaction.

Honeywell announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion (€2 billion) in an all-cash transaction. Sundyne is a leader in the design, manufacturing and aftermarket support of highly-engineered pumps and gas compressors used in process industries.

Honeywell has agreed to acquire Sundyne from private equity firm Warburg Pincus in a US$2.16 billion an all-cash transaction.

Honeywell International Inc. is buying Sundyne LLC for $2.2 billion in an effort to build up its Energy and Sustainability (ESS) business. It’s the latest in a string of deals as the conglomerate prepares to break up.

Honeywell (HON) announced its acquisition of manufacturing company Sundyne from private equity firm Warburg Pincus in a $2.16 billion all-cash

Honeywell International Inc (HON) stock drew investor attention on Tuesday after the company said it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction.

Honeywell (NASDAQ:HON) said Tuesday it agreed to acquire pump and gas compressor maker Sundyne for $2.16B in cash, bolstering its remaining core offerings around critical equipment, automation and control systems for businesses.