Honeywell Announces Sale of Warehouse & Workflow Solutions Business
Time:2026-04-27 Browse: 0
PR Newswire – Honeywell has announced that it has reached an agreement with American Industrial Partners (AIP) to sell its Warehouse & Workflow Solutions (WWS) business in an all-cash transaction. This transaction, along with the previously announced sale of its Productivity Solutions & Services (PSS) business, is expected to close in the second half of 2026.
In addition, Honeywell updated the expected completion date for the spinoff of its Aerospace business to June 29, 2026, pending final approval from the Honeywell Board of Directors and the satisfaction of other customary conditions.
Honeywell Chairman and CEO Vimal Kapur commented, “This quarter, with the announced agreements to sell our Productivity Solutions & Services and Warehouse & Workflow Solutions businesses, both transactions are expected to close in the second half of 2026. This marks the culmination of several years of strategic portfolio transformation. The planned spinoff of our Aerospace business on June 29 also continues this process. Over the past few years, a series of acquisitions, divestitures, spinoffs, and simplification initiatives have laid a solid foundation for the Aerospace and Automation businesses to operate as independent, publicly listed companies.”
Previously, on April 20, Honeywell announced its agreement to sell the Productivity Solutions & Services business to Brady Corporation.
Brand / Country of Origin: Honeywell / United States
