
The Martini: Shaken Not Stirred... and Neither is Honeywell
Right then 00's let's get down to brass tacks. Honeywell much like a Bond girl in distress is undergoing a rather dramatic transformation. A three way split if you can believe it. Aerospace automation and advanced materials are all going their separate ways. It seems someone's decided the corporate martini needs a serious remix. As I always say 'once is happenstance twice is coincidence three times is enemy action'. Could there be a Blofeld lurking in the shadows?
License to Divest: Strategic Alternatives Explored
Now before you reach for your Walther PPK Honeywell is assessing its 'Productivity Solutions and Services' and 'Warehouse and Workflow Solutions' businesses. Barcode scanners printing solutions the whole shebang. Apparently even industrial giants need to declutter. Makes you wonder if they've got a villainous plot hidden in one of those warehouses doesn't it? 'We have all the time in the world' but Honeywell doesn't seem to agree.
A Billion Dollar Dilemma: Diamonds Are Forever But Are Barcode Scanners?
Each of these divisions pulls in over a billion dollars. That's serious money even by my standards. Selling them off? It's a bold move cotton. Perhaps they're hoping to raise funds for a new laser beam or a fleet of underwater Lotus Esprits. 'The name's Honeywell strategic alternative Honeywell.' Has a ring to it doesn't it?
The Boardroom Brouhaha: A New Face at the Table
And in true Bond fashion there's intrigue afoot. Elliott Investment Management's Marc Steinberg is joining the board. Is he a friend or foe? A double agent perhaps? 'You know my name'. Well Steinberg I'll be watching you. Though to be fair my attention is usually divided between defusing bombs and charming beautiful women.
Mission: Automation: A New CEO Steps Up
Adding to the mix Jim Masso is taking the helm at Honeywell Process Automation. New blood always spices things up. One can only hope he’s not a Dr. No in disguise. Though a bit of chaos can be fun especially when it involves a high speed chase and a damsel in distress. 'Bond. James Bond. President of Process Automation. The World is Not Enough for a good automation system.'
The Next Chapter: For Your Eyes Only
So there you have it. Honeywell on the cusp of a new era shaking things up like a shaken martini. Whether this leads to world domination or a villain's downfall remains to be seen. But one thing's for sure: it's going to be an interesting ride. After all 'the world is not enough'… unless you're busy streamlining your portfolio. Now if you'll excuse me I have a casino to visit. 'Vodka martini. Shaken not stirred.'
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