Honeywell Splits into Three: A Giant’s Deconstruction and the Future of Its Diverse Businesses
Honeywell, a U.S. industrial conglomerate, will separate into three independent companies: automation, aerospace, and advanced materials. This restructuring, driven partly by shareholder pressure from Elliott Investment Management, aims to increase agility and unlock shareholder value for each specialized entity. The separations are expected to be completed by the end of 2026 or early 2027, following a trend of other conglomerates simplifying their structures to improve competitiveness. This follows similar moves by General Electric and Alcoa, reflecting a shift away from large, diversified corporations.
John Q. Hosedrinker