Business
American Industrial Partners to Acquire Honeywell's Warehouse and Workflow Solutions Business
American Industrial Partners ("AIP"), an operationally oriented industrials investor, today announced that a fund managed by it has signed a definitive agreement to acquire the Warehouse and Workflow Solutions ("WWS" or "the Company") business of Honeywell (NASDAQ: HON). Terms of the transaction were not disclosed.
About this update from Honeywell International Inc.
[{"type":"text","content":"New independent company will build on the legacy of Intelligrated to deliver industry-leading material handling and warehouse automation solutions","length":146,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, April 23, 2026 /PRNewswire/ -- American Industrial Partners ("AIP"), an operationally oriented industrials investor, today announced that a fund managed by it has signed a definitive agreement to acquire the Warehouse and Workflow Solutions ("WWS" or "the Company") business of Honeywell (NASDAQ: HON). Terms of the transaction were not disclosed.","length":387,"tagName":"p"},{"type":"image","alt":"American Industrial Partners (PRNewsfoto/American Industrial Partners)","displaySize":"","headline":null,"caption":"American Industrial Partners (PRNewsfoto/American Industrial Partners)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":229,"url":"https://media.zenfs.com/en/prnewswire.com/4d964ffc9a89a50c444345f4419ed229"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/7M62Yr1PnwToqH7XeEZzBg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQwNA--/https://media.zenfs.com/en/prnewswire.com/4d964ffc9a89a50c444345f4419ed229","width":400,"height":229}},"href":"https://mma.prnewswire.com/media/2755353/American_Industrial_Partners_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"WWS, which generated approximately $935 million in revenue in 2025, is a leading provider of material handling and warehouse automation solutions, including projects, services and products such as automated sortation systems, palletizers, conveyors and robotics solutions, as well as aftermarket services and software. Built on the legacies of Intelligrated and Transnorm, the business serves a global customer base and is supported by more than 3,300 employees.","length":462,"tagName":"p"},{"type":"text","content":"AIP's investment in WWS builds on its existing investment in Trew, a U.S.-based manufacturer and integrator of automated material handling systems and software.","length":164,"tagName":"p"},{"type":"text","content":""As demand for warehouse automation continues to grow, driven by e-commerce, labor shortages, and supply chain digitization, WWS is well-positioned to capitalize on these tailwinds," said Murray Grainger, Partner at AIP. "Built ...