This move follows a strategic portfolio review launched in early 2024 and marks a key step in Honeywell’s transformation into a pure-play automation business. Following the planned spin-off of Honeywell Aerospace, the company will concentrate exclusively on building automation, process automation, and industrial automation technologies.

“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,” said Vimal Kapur, Chairman and CEO of Honeywell. “Each of these areas is exposed to long-term secular growth drivers that position us as a powerful, global automation leader.”

Spotlight on PSS and WWS

PSS generated over $1 billion in revenue in 2024 and is a key player in mobile computing, barcode scanning, and printing technologies supporting warehouse and logistics operations. WWS, operating under the Intelligrated and Transnorm brands, brought in nearly $1 billion in 2024 and provides advanced warehouse automation systems including sortation, robotics, palletizers, conveyors, and associated software and services.

“Both leaders in their respective markets, PSS and WWS have deep customer relationships, broad product offerings, and innovative technologies,” Kapur noted. “As we evaluate the best path forward, we aim to build on their strengths and maximise stakeholder value.”

New Leadership for Process Automation

As part of its automation-focused future, Honeywell has appointed industry veteran Jim Masso as President and CEO of Honeywell Process Automation, effective 14 July 2025. Masso brings two decades of experience across energy services and industrial operations, most recently as President & CEO of Allied Power Group, and previously in senior leadership roles at General Electric.

“We are pleased to welcome Jim to Honeywell,” said Kapur. “His background in energy sector leadership and customer-centric innovation makes him ideally suited to drive the next chapter of growth for our process automation business.”

Transformational Strategy Continues

Honeywell’s evaluation of alternatives for PSS and WWS will not affect its other announced separation timelines, including the spin-off of Solstice Advanced Materials by early 2026 and Honeywell Aerospace by the second half of 2026. Centerview Partners has been retained as financial advisor to support the process.

Since June 2023, Honeywell has undertaken a series of transformative actions to reshape its portfolio and spur organic growth, including $14 billion in acquisitions such as Compressor Controls Corporation, SCADAfence, Sundyne, Civitanavi Systems, and the LNG business from Air Products. It also sold its Personal Protective Equipment business to Protective Industrial Products in May 2025.

As Honeywell continues this strategic evolution, the company remains focused on creating long-term value through a streamlined, automation-first operating model.