(Reuters) -Honeywell International ( HON ) 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 ( HON ) and Sundyne did not immediately respond to Reuters' requests for comments.

The industrial giant Honeywell ( HON ) last month announced its plans to split into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott Management took a $5 billion stake in Honeywell ( HON ).