While the material handling and logistics community is still sorting out the implications of last week’s announcement that lift truck manufacturer Kion Group plans to acquire Dematic for $2.1 billion, yet another blockbuster deal has gone down just before the Independence Day holidays. Industrial conglomerate Honeywell has signed an agreement to acquire privately-held supply chain and warehouse automation provider Intelligrated for $1.5 billion from a company backed by the Permira funds.

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