Supply chain technology vendor Honeywell is continuing to trim its waistline, announcing today it has sold off its Warehouse and Workflow Solutions (WWS) business—which includes the systems integrator Intelligrated and the conveyor sortation vendor Transnorm—to a private equity firm.
Terms of the deal were not disclosed, but the WWS division was purchased by American Industrial Partners (AIP), the same private equity firm that owns a stake in Trew, the automated material handling solutions provider.
The sale follows just days after Honeywell unloaded another business arm, selling its barcode scanner specialist division Productivity Solutions and Services (PSS) for $1.4 billion to Brady Corp., a manufacturer of portable label printers and other industrial supplies. And in a quarterly earnings report released today, Honeywell said it’s not done shrinking yet, since it also plans to spin off its Honeywell Aerospace division on June 29.
The WWS unit sold today generated $935 million in revenue in 2025 as a provider of 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.
“This quarter, we took the final steps to conclude our multi-year portfolio transformation with our announcements to sell Productivity Solutions and Services and Warehouse and Workflow Solutions, both of which are expected to close in the second half of 2026,” Vimal Kapur, chairman and chief executive officer of Honeywell, said in a release. “Further, the Honeywell Aerospace spin-off is now expected to be completed in the third quarter on June 29. All of the acquisitions, divestitures, spin-offs and simplification efforts over the last several years have positioned both aerospace and automation for bright futures as independent, leading companies, and we look forward to sharing more at the upcoming investor days in June.”
