Honeywell – Honeywell Explores Strategic Alternatives for Unlocking Shareholder Value; Continues Review of Transformational Portfolio Actions

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More information on Honeywell: See the full profile on EMR Executive Services

More information on Vimal Kapur (Chairman and Chief Executive Officer, Honeywell): See the full profile on EMR Executive Services

More information on Greg Lewis (Senior Vice President and Chief Financial Officer, Honeywell till 01.02.2025 + Senior Vice President, Honeywell Accelerator and Senior Advisor to the Chairman and Chief Executive Officer, Honeywell as from 01.02.2025): See the full profile on EMR Executive Services

More information on Michal Stepniak (Vice President, Corporate Finance, Honeywell till 01.02.2025 + Senior Vice President and Chief Financial Officer, Honeywell as from 01.02.2025): See the full profile on EMR Executive Services

 

More information on Honeywell Aerospace Technologies Segment (AT): https://aerospace.honeywell.com/us/en/about-us/about-honeywell-aerospace + Products and services from Honeywell Aerospace Technologies are found on virtually every commercial, defense and space aircraft. The Aerospace Technologies business unit builds aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components and more. Its hardware and software solutions create more fuel-efficient aircraft, more direct and on-time flights and safer skies and airports.

More information on Jim Currier (President and Chief Executive Officer, Aerospace Technologies Segment (AT), Honeywell): See the full profile on EMR Executive Services

 

More information on Honeywell Building Automation Segment (BA): https://buildings.honeywell.com/us/en/home + Through hardware, software, sensors, and analytics, Honeywell helps customers convert buildings into integrated, safe, and more sustainable assets. With solutions and services used in more than 10 million buildings worldwide, Building Automation will continue to strengthen Honeywell’s position in attractive end markets like hospitals, airports, education, and data centers.

More information on Billal Hammoud (President and Chief Executive Officer, Building Automation Segment (BA), Honeywell): See the full profile on EMR Executive Services

More information on Global Access Solutions – LenelS2 by Honeywell Building Automation Segment (BA) by Honeywell: https://www.lenels2.com/en/ + Leader in commercial and enterprise access solutions. LenelS2 is the global leader in advanced physical security solutions, including access control, video surveillance and mobile credentialing. We innovate products, systems and services to address the most complex, evolving needs of some of the world’s most demanding organizations. Whether you’re operating a small- to medium-sized business or the largest global enterprise, our solutions are built to solve your unique challenges.

More information on Global Access Solutions – Onity by Honeywell Building Automation Segment (BA) by Honeywell: https://www.onity.com/en/us/ + Electronic locks, specifically hospitality access and mobile credentials. For over 80 years, we have understood the opportunity and potential that doors hold. As a worldwide leader in the access control industry, we have continually expanded our services and solutions to become a leading provider of innovative facility technologies, including mobile access technology, electronic locking systems, and electronic in-room safes.

More information on Global Access Solutions – Supra by Honeywell Building Automation Segment (BA) by Honeywell: https://www.suprasystems.com/ + Cloud-based electronic lockboxes and scheduling software. Supra has brought efficiency and peace of mind to the real estate industry since 1955 – providing a range of leading access solutions. Today, Supra offers easy-to-use lockboxes, digital key solutions and a showing management platform that allows agents to focus on their clients.

 

More information on Civitanavi Systems S.p.A. by Honeywell: https://www.civitanavi.com/ + Civitanavi Systems is one of the main players in the sector of high-tech inertial navigation and stabilization systems.

Thanks to a vertically integrated business model and a constant desire for technological innovation, Civitanavi excels in the design, development and production of high precision inertial navigation and stabilization systems.

The application of proprietary methods and technologies, based on FOG (Fiber Optic Gyroscope) and MEMS (Micro Electro-Mechanical Systems) technology, enables the company to best meet the specific needs of its customers, depending on the sector in question: Aerospace, Defence and Industrial.

These procedures, part of a clear and effective long-term growth and expansion strategy, make the group an excellence in its field of activity. Founded as a start-up in 2012 in Italy, Civitanavi was recognised as an innovative SME in 2017 and today is presented as a benchmark in the global competitive scenario.

With the aim to constantly improve, a team of global experts in the field of inertial technologies grants the company to offer the highest standards of quality, thanks to the introduction of increasingly cutting-edge techniques and components.

The company operates from its registered office in Pedaso (on the Adriatic coast of the Marche region) and other four sites in Ardea (Rome) Casoria (Naples) and Turin.

Civitanavi Systems S.p.A. is a listed company on Euronext Milan, it is controlled by Civitanavi Systems Ltd (holding) which unites an international pool of strategic investors.

More information on Andrea Pizzarulli (Chief Executive Officer and Co-founder, Civitanavi Systems S.p.A.): https://www.civitanavi.com/company/ + https://www.linkedin.com/in/pizzarulli/ 

 

More information on CAES Systems Holdings LLC by Honeywell Aerospace Technologies Segment (AT) by Honeywell: https://caes.com/ + CAES pioneers advanced electronics that underpin many of the world’s most critical missions. We design, engineer, test, and manufacture advanced electronic solutions for the U.S. aerospace and defense industry. From inception and development engineering, to full-rate production and sustainment, we work closely with customers as partners throughout the program lifecycle.

We partner with customers, co-investing in technology development and program assets to enable them to win their most strategically important programs. 

Headquartered in Arlington, Virginia, with locations across the country, CAES is comprised of talented individuals who like to solve complex problems. Our employees are mission-driven and proud of the world-class products they manufacture. As a people-focused organization, we empower our employees to drive excellence in all that we do.

Headquartered in Arlington, Va., CAES (formerly known as Cobham Advanced Electronic Solutions) has 13 facilities in North America, including highly automated manufacturing facilities with fully automated test and tuning processes. The acquisition will add approximately 2,200 employees and a deep bench of RF engineering talent.

More information on Mike Kahn (President and Chief Executive Officer, CAES, Honeywell): See the full profile on EMR Executive Services

 

More information on Air Products by Honeywell: https://www.airproducts.com/ + Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products’ base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world’s largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally. 

The Company had fiscal 2023 sales of $12.6 billion from operations in approximately 50 countries and has a current market capitalization of over $50 billion. Approximately 23,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what’s possible to address the challenges facing customers, communities, and the world.

More information on Seifi Ghasemi (Chairman, President and Chief Executive Officer, Air Products, Honeywell): https://www.airproducts.com/company/leadership 

 

More information on Honeywell Advanced Materials until 31.12.2023: https://advancedmaterials.honeywell.com/us/en + Honeywell Advanced Materials plays a crucial role in advancing industries worldwide through diverse applications, revolutionary inventions, and pioneering technologies. Our science and technology experts create solutions that help solve our customer’s needs today and into the future. 

As part of the Honeywell Performance Materials and Technologies business group, our materials are used in various industrial applications. While these applications are diverse, the consistent theme is the innovation and quality, helping our customers collaborate with their own stakeholders to create new value in their own offerings.

• The world’s leading businesses and monetary institutions rely on Honeywell’s Authentication Technologies for brand protection, currency and document security needs using a unique portfolio of covert luminescent pigments, chemical taggants and optoelectronic detection systems. Our Lumilux™ fluorescent pigments and industrial luminescent pigments were originally development for authentication applications under the Riedel-de-Haën brand.
• Under the Riedel-de-Haën Honeywell Fine Chemicals brands, we have produced high purity fine chemicals for over 200 years. Our industrial customers use these products in energy and battery applications and catalysts and catalyst precursors.
• Honeywell Fine Chemicals has also been supplying flux for brazing aluminum for more than two decades. Our high-quality brazing fluxes, based on Potassium Fluoroaluminate and Cesium Fluoroaluminate, are available in a range of formats, including paints, powders, suspensions, and blends.
• Performance Additives offer synthetic waxes and polymers under the ACumist®, A-C®, AClyn®, Cohesa®, NduroMatt™, Rheolub® and Titan™ brand names.  Honeywell is one of the world’s leading manufacturers of low-molecular-weight polyethylene waxes for inks, paints, coatings, plastics, adhesives or rubber and asphalt. Our performance additives help improve performance, cost savings, and manufacturing efficiency.
• Honeywell Electronic Materials is a leading supplier to the worldwide electronics industry, providing critical materials that enhance the performance and productivity of your manufacturing processes. Continuous investment in advanced research, worldwide strategic collaborations, and dedication to working closely with our customers have resulted in our innovative products serving the critical needs of manufacturers in the semiconductor and display industries.
• Honeywell developed Spectra® fiber, a new type of synthetic yarn, and we were one of the first to offer extended chain, high modulus polyethylene fibers. Spectra advanced fibers and composites are used to protect law enforcement and military personnel, complete deep water installations in the oil and gas industry, and help fishermen secure more prized catches. In addition to Spectra fiber, we manufacture Spectra Shield®, Gold Shield® and Gold Flex® ballistic composite materials. Honeywell maintains an active advanced fibers and composites research and development program to inform the next generation of high-performance materials technology.
• Through our Solstice® brand of low-global-warming aerosols and performance fluids, we are providing responsible replacements for hydrocarbons, HCFCs and HFCs. Solstice-branded products, used for vapor degreasing, cleaning and industrial aerosols, are based on Honeywell’s hydrofluoroolefin technology, and are designed to help customers lower their carbon footprint without sacrificing end product performance.

More information on Honeywell Energy and Sustainability Solutions Segment (ESS) as from 01.01.2024: With a decades-long focus on sustainability, Honeywell enables the energy evolution, improves resiliency and efficiency, reduces emissions, and facilitates the circular economy. Honeywell’s expertise in this area will continue helping solve the world’s toughest challenges across our end markets.

More information on Ken West (President and Chief Executive Officer, Honeywell Advanced Materials, Honeywell until 31.12.2023 + President and Chief Executive Officer, Energy and Sustainability Solutions Segment (ESS), Honeywell as from 01.01.2024): See the full profile on EMR Executive Services

More information on Jeff Dormo (President, Honeywell Advanced Materials, Honeywell): See the full profile on EMR Executive Services

 

More information on Honeywell Industrial Automation Segment (IA): With a deep history in industrial automation that spans more than five decades, Honeywell enables process industry operations, creates world-class sensor technologies, automates supply chains, makes warehouses smarter, and improves worker safety. This combination build on our core strengths in controls and automation technologies, deliver better commercial outcomes for our customers, and enhance our growth.

More information on Lucian Boldea (President and Chief Executive Officer, Industrial Automation Segment (IA), Honeywell): See the full profile on EMR Executive Services

More information on Honeywell Personal Protective Equipment Business (part of the Sensing and Safety Technologies Business Unit within the Industrial Automation (IA) Segment): https://ppe.honeywell.com/us/en/home + Honeywell is the worldwide leader in safety, comfort and security. We have united the most respected offerings in the safety industry to deliver an unparalleled, best-in-class retail line of personal protective equipment focused on quality and performance. Our ongoing commitment to innovation, combined with our worldwide engineering and R&D resources, have positioned us to be your premier source for the most complete solutions available. Our singular focus is to be your best safety partner, today and in the future.

The PPE business has approximately 5,000 employees and a streamlined global manufacturing and distribution footprint. It currently operates 20 manufacturing sites and 17 distribution sites across the U.S., Mexico, Europe, North Africa, Asia Pacific and China.

More information on Mike Garceau (President and Chief Executive Officer, Honeywell Personal Protective Equipment, Sensing See the full profile on EMR Executive Services