Supply chain technology provider Honeywell today said 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 will “evaluate strategic alternatives” for those units in order to simplify its portfolio ahead of its planned separation into three independent companies, which is expected to be complete in the second half of 2026.
The PSS division had 2024 revenue of more than $1 billion as a provider of mobile computers, barcode scanners, 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 sortation systems, palletizers, conveyors and robotics solutions as well as aftermarket services and software. WWS operates commercially under the brand names Intelligrated and Transnorm. Honeywell acquired the system integrator Intelligrated in 2016 for $1.5 billion.
“Today’s announcement marks an important milestone in positioning Honeywell for success as a pure-play automation business following our planned Honeywell Aerospace separation next year,” Vimal Kapur, chairman and CEO of Honeywell, said in a release. “With a simpler and more cohesive portfolio that serves the end markets of buildings, process and industrials, 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.”
