Honeywell has announced plans to separate Automation and Aerospace Technologies into three publicly listed industry leaders. The separation is expected to be completed in the second half of 2026 and is tax-free to Honeywell shareholders. The announcement follows a comprehensive business portfolio evaluation by Chairman and CEO Vimal Kapur a year ago. Each company will benefit from greater financial flexibility to pursue distinct organic growth opportunities throughout investment cycles, improved ability to tailor capital allocation priorities aligning with strategic focus, and distinct investment profiles that position each company to achieve greater long-term value for shareholders.
Source
This post was brought to you by Wrk. Our bot looks for news related to automation and post daily.
