Press release
HONEYWELL TO EVALUATE STRATEGIC ALTERNATIVES FOR PRODUCTIVITY SOLUTIONS AND SERVICES AND WAREHOUSE AND WORKFLOW SOLUTIONS BUSINESSES
Honeywell continues to simplify and optimize its business as part of a portfolio evaluation initiated in early 2024Following the planned separations,
About this update from Honeywell International Inc.
[{"type":"text","content":"Honeywell continues to simplify and optimize its business as part of a portfolio evaluation initiated in early 2024Following the planned separations, Honeywell will become a pure-play automation business focused on building automation, process automation and technologies and industrial automationIndustry veteran Jim Masso appointed to lead Honeywell's process automation businessCHARLOTTE, N.C., July 8, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced plans to evaluate strategic alternatives for its Productivity Solutions and Services (\"PSS\") and Warehouse and Workflow Solutions (\"WWS\") businesses, which serve the transportation, warehouse and logistics markets. This enables Honeywell to further simplify its portfolio in order to accelerate value creation ahead of its planned separation into three independent, industry-leading companies, which is expected to be complete in the second half of 2026.\n\n \n \n \n \n \n \n\n \n\"Today's announcement marks an important milestone in positioning Honeywell for success as a pure-play automation business following our planned Honeywell Aerospace separation next year,\" said Vimal Kapur, Chairman and CEO of Honeywell. \"With a simpler and more cohesive portfolio that serves the end markets of buildings, process and industrials, Honeywell will focus on our core areas of automation expertise, each of which is exposed to long-term secular growth drivers that position us as a powerful, global automation leader.\"\nPSS, with 2024 revenue of more than $1 billion, is a leading provider of mobile computers, barcode scanners, and printing solutions serving the warehouse and logistics market. WWS, which generated nearly $1 billion in revenue in 2024, is a leading provider of supply chain and warehouse automation projects, services and products – including automated sortation systems, palletizers, conveyors and robotics solutions as well as aftermarket services and software. WWS operates commercially under the brand names Intelligrated and Transnorm.\nKapur added: \"Both leaders in their respective markets, PSS and WWS have deep customer and channel relationships, broad product offerings and innovative technologies that help improve efficiency, safety and productivity across the transportation, warehouse and logistics markets. We are encouraged by the recent performance of PSS and WWS ...