[Global Finance Comprehensive Report] According to Reuters, Honeywell announced plans to evaluate strategic alternatives for its two businesses, which serve the transportation and logistics markets. At present, the industrial giant is preparing for a one-three split.
该公司一直在简化业务,预计到明年将完成拆分,形成独立的航空航天、自动化和先进材料业务部门。
It has been simplifing its business to form separate Aerospace, Automation and Advanced Materials businesses, which is expected to be complete next year.
Honeywell said that the company's two businesses, "Productivity Solutions and Services (PSS) " and "Warehouse and Workflow Solutions (WWS)", are evaluated with the aim of further simplifing its business before the split.
The two businesses, respectively with more than $1 billion in revenue in 2024, are product providers of barcode scanners, printing solutions, conveyors, warehouse automation tools etc.