Supply Chain Technology Provider Honeywell announced today that it may spin off its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) business divisions.which serve the transportation, warehouse and logistics markets.
The Charlotte, North Carolina-based company said it would “evaluate strategic alternatives” for those units to simplify its portfolio ahead of its planned separation into three independent companies, which is expected to be completed in the second half of 2026.
The PSS division achieved more than $1 billion in revenue in 2024 as a provider of mobile computers, barcode readers and printing solutions serving the warehouse and logistics market.
And the WWS division generated nearly $1 billion in revenue in 2024 by providing supply chain and warehouse automation projects, services and products, including automated sorting systems, palletizers, conveyors and robotics solutions, as well as aftermarket services and software. WWS operates commercially under the Intelligrated and Transnorm brands. Honeywell acquired systems integrator Intelligrated in 2016 for $1.5 billion.
“Today’s announcement marks an important step in positioning Honeywell to succeed as a pure-play automation company following our planned separation from Honeywell Aerospace next year,” Vimal Kapur, Honeywell chairman and CEO, said in a statement. “With a simpler, more cohesive portfolio that serves the building, process and industrial end markets, Honeywell will focus on our core areas of automation expertise, each of which is exposed to long-term secular growth drivers that position us as a powerful global automation leader.