United States Trade Switzerland

Wahlco Environmental Systems Inc., a manufacturer of air pollution control equipment, said Wednesday that it has agreed to acquire two European companies in separate transactions for a combined price of about $7 million. Wahlco, based in Santa Ana, said it has signed letters of intent to acquire Metroflex Corp. of Baar, Switzerland, and the Pentney Group of Chesterfield, England.

Wahlco Environmental Systems Inc., a manufacturer of air pollution control equipment, said Wednesday that it has agreed to acquire two European companies in separate transactions for a combined price of about $7 million. Wahlco, based in Santa Ana, said it has signed letters of intent to acquire Metroflex Corp. of Baar, Switzerland, and the Pentney Group of Chesterfield, England.

Honeywell Inc. acknowledged Friday that it violated its own internal regulations in selling a report on fuel-air explosives to a Swiss firm, but the giant defense company denied that the transaction contributed to Iraq's development of the powerful bomb.

Honeywell Inc. acknowledged Friday that it violated its own internal regulations in selling a report on fuel-air explosives to a Swiss firm, but the giant defense company denied that the transaction contributed to Iraq's development of the powerful bomb.