AIP to acquire Honeywell's warehouse and workflow solutions business in carve-out

Private equity firm AIP agreed to acquire Honeywell's warehouse and workflow solutions business as part of a strategic carve-out. The transaction focuses on Honeywell's automated warehouse and workflow optimization technologies, which serve industrial and logistics sectors. While financial terms were not disclosed, the deal marks AIP's expansion into industrial automation and supply chain solutions. Honeywell will retain other business segments unrelated to warehouse operations. The acquisition is expected to close in mid-2026 pending regulatory and shareholder approvals.

Counterparts (2)

Seller

Honeywell

company · 3 deals

Honeywell is a diversified technology and manufacturing company that provides advanced solutions for various industries, including infrastructure. They offer a wide range of products, software, and services for building technologies, industrial automation, aerospace, and performance materials, focusing on digitalization, sustainability, and efficiency across critical infrastructure assets.

Buyer

AIP

company · 1 deals

Copenhagen-based renewable energy and infrastructure investment manager focused on direct investments in the energy transition across Europe and North America, with EUR 10 billion in AUM and a team of 75 professionals.