(Honeywell: Charlotte, NC) -- Honeywell’s board of directors completed a comprehensive business portfolio evaluation launched a year ago by chairman and CEO Vimal Kapur and intends to pursue a full separation of automation and aerospace technologies. The planned separation, coupled with the previously announced plan to spin “advanced materials,” will result in three publicly listed industry leaders with distinct strategies and growth drivers. The separation is to be completed during the second half of 2026 in a tax-free manner to Honeywell shareholders.

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