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UK's Johnson Matthey in talks to sell Catalyst Technologies unit

Published by Global Banking & Finance Review

Posted on May 21, 2025

1 min read

· Last updated: January 23, 2026

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(Reuters) -Britain's Johnson Matthey said on Wednesday that it is in advanced discussions over a potential sale of its Catalyst Technologies division, confirming an earlier media report. Sky News

Johnson Matthey Engages in Sale Talks for Catalyst Technologies Division

(Reuters) -Britain's Johnson Matthey said on Wednesday that it is in advanced discussions over a potential sale of its Catalyst Technologies division, confirming an earlier media report.

Sky News first reported the development. The Financial Times separately reported that U.S. industrial conglomerate Honeywell is nearing a 1.8 billion pounds($2.42 billion) all-cash deal to acquire Johnson Matthey's catalyst unit.

Reuters couldn't immediately confirm the reports.

($1 = 0.7451 pounds)

(Reporting by Bipasha Dey in Bengaluru; Editing by Vijay Kishore)

Key Takeaways

  • Johnson Matthey is in advanced talks to sell its Catalyst Technologies division.
  • Honeywell is reportedly nearing a $2.42 billion deal to acquire the unit.
  • Sky News and Financial Times reported on the potential sale.
  • Reuters could not immediately confirm the reports.
  • The sale is part of Johnson Matthey's strategic business decisions.

Frequently Asked Questions

What division is Johnson Matthey considering selling?
Johnson Matthey is in advanced discussions to potentially sell its Catalyst Technologies division.
Who is reportedly close to acquiring Johnson Matthey's division?
U.S. industrial conglomerate Honeywell is nearing a deal to acquire the Catalyst Technologies division for approximately 1.8 billion pounds.
What type of deal is Honeywell pursuing?
Honeywell is looking at an all-cash deal to acquire Johnson Matthey's Catalyst Technologies unit.
Which media outlet first reported the sale discussions?
Sky News was the first to report the development regarding the potential sale.
Is there confirmation of the acquisition reports?
Reuters could not immediately confirm the reports regarding the acquisition.

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