Elliott takes $5 billion stake in Honeywell, pushes for split

Elliott takes $5 billion stake in Honeywell, pushes for split
Elliott takes $5 billion stake in Honeywell, pushes for split

Honeywell International Inc. specializes in the manufacturing and marketing of industrial equipment. The group also offers maintenance, technical assistance and engineering services. Turnover by product family is broken down as follows: – aeronautical equipment (37.2%): engines, navigation hardware and software, propulsion and communication systems, satellite and space components, lighting equipment, wheels, etc. The group also offers turbochargers for motor vehicles; – performance materials and technologies (31.4%): polymers, fibers, resins, acids, additives, catalysts, absorbents, semiconductor packaging materials, coating materials, etc. ; – building control and automation systems (16.4%): heating and ventilation control systems, fire alarms, thermostats, monitoring systems, etc. ; – security and productivity optimization solutions (15%): personal protective equipment, alert systems, gas detection systems, IT solutions, data collection and thermal printing, automation systems warehouses and supply chain, data and production process management solutions, etc. The geographical distribution of turnover is as follows: United States (57%), Europe (22%) and others (21%).

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