Honeywell Advanced Materials Spinoff
In Plain English
Honeywell International Inc. is splitting off Honeywell Advanced Materials into its own separate, publicly-traded company. Shareholders typically receive shares in the new entity automatically. This is actively in progress.
Honeywell Advanced Materials will become a separate public company
Deal Progress
RUMORED
ANNOUNCED
PENDING
ACTIVE
COMPLETED
Parent Company
Honeywell International Inc.
HON
Materials
SpinCo / Target
Honeywell Advanced Materials
Announced
Dec 18, 2024
Dec 18, 24
Expected
Late 2025/Early 2026
Market Cap
Not disclosed
Deal Value
Not disclosed
Summary
Honeywell to spin off its Advanced Materials division as part of its three-way breakup strategy.
Deal Flow Timeline
Key milestones from announcement to expected completion
Deal Announced
2024-12-18
COMPLETEDForm 10 Filed
COMPLETEDIRS Tax Ruling
COMPLETEDShareholder Approval
COMPLETEDRecord Date
Late 2025/Early 2026
UPCOMINGDistribution / Completion
Late 2025/Early 2026
UPCOMINGDeal Announced
COMPLETEDInitial public announcement of the transaction.
2024-12-18
Form 10 Filed
COMPLETEDRegistration statement filed with the SEC for the new entity.
IRS Tax Ruling
COMPLETEDPrivate letter ruling confirming tax-free treatment.
Shareholder Approval
COMPLETEDBoard and/or shareholder vote to approve the separation.
Record Date
UPCOMINGRecord date for distribution of new shares.
Est: Late 2025/Early 2026
Distribution / Completion
UPCOMINGShares of the new entity distributed to shareholders.
Est: Late 2025/Early 2026