Honeywell to conduct full separation of automation and flight and space technicians
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Honeywell to conduct full separation of automation and flight and space technicians

Finanznachrichten News

Morristown (DPA -AFX) – Honeywell (she) announced that the board completed the extensive business portfolio evaluation that was launched a year ago by the chairman and CEO Vimal Kapur and intends to conduct a complete separation of automation and space technicians. The planned separation, in combination with the previously announced plan to spin advanced materials, will result in three publicly listed companies. The separation is intended to be completed during the second half of 2026.

Honeywell said it remains as it exceeds its commitment to deploy at least $ 25 billion to high -returned capital expenditure, dividend, opportunistic share purchases and accurate acquisition through 2025. The company intends to continue its portfolio transformation efforts during the separation planning process.

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