The company's 2016 sales are estimated to be approximately $900 million. The transaction is expected to close by the end of the third quarter, subject to customary closing conditions, including regulatory review. Upon approval, Intelligrated will be part of Sensing and Productivity Solutions (S&PS) in Honeywell's Automation and Control Solutions business. Intelligrated designs, manufactures, integrates and installs complete warehouse automation solutions, software and services that help improve companies' distribution and fulfillment operations. The company has grown at a compound annual growth rate (CAGR) of approximately 13% over the past three years. Intelligrated has a customer base of more than $5 billion, including Fortune 500 retailers, manufacturers and logistics providers worldwide and consumer products companies.