By: ICN Bureau
Last updated : July 09, 2025 4:54 pm
Honeywell continues to simplify and optimize its business as part of a portfolio evaluation initiated in early 2024
Honeywell announced it will evaluate strategic alternatives for its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses, serving the transportation, warehouse, and logistics markets. This move aims to further streamline Honeywell’s portfolio and accelerate value creation ahead of its planned separation into three independent, industry-leading companies, expected to be completed in the second half of 2026.
“Today’s announcement marks a key milestone in positioning Honeywell for success as a pure-play automation company following our planned Honeywell Aerospace separation next year,” said Vimal Kapur, Chairman and CEO of Honeywell. “With a streamlined and cohesive portfolio focused on buildings, process, and industrial markets, Honeywell will concentrate on our core automation strengths—each benefiting from long-term secular growth trends—solidifying our position as a powerful global automation leader.”
PSS, with projected 2024 revenue exceeding $1 billion, is a leading provider of mobile computers, barcode scanners, and printing solutions serving the warehouse and logistics markets. WWS, generating nearly $1 billion in revenue in 2024, is a top provider of supply chain and warehouse automation projects, products, and services—including automated sortation systems, palletizers, conveyors, robotics solutions, aftermarket services, and software. WWS operates commercially under the brand names Intelligrated and Transnorm.
Kapur added, “Both PSS and WWS are leaders in their respective markets, with strong customer and channel relationships, diverse product portfolios, and innovative technologies that enhance efficiency, safety, and productivity across transportation, warehouse, and logistics sectors. We are encouraged by their recent performance and remain committed to exploring opportunities that build on their unique strengths to determine the best path forward, maximizing value for all our stakeholders.”
Honeywell’s evaluation of strategic alternatives for its PSS and WWS businesses will proceed alongside ongoing portfolio initiatives and will not affect the previously announced timelines for the separations of Solstice Advanced Materials by late 2025 or early 2026, nor Honeywell Aerospace in the second half of 2026. There is no guarantee that this evaluation will lead to any transaction or specific outcome.