Reported 22 days ago
Honeywell announced it will explore strategic alternatives for its 'Productivity Solutions and Services' and 'Warehouse and Workflow Solutions' businesses as it prepares for a three-way split by 2026. This evaluation is part of an effort to simplify its portfolio, with both units generating over $1 billion in revenue each in 2024. The company has also made changes to its board and executive leadership in anticipation of the split.
Source: YAHOO