Who Owns Honeywell Building Automation?
Honeywell Building Automation is owned by Honeywell International, a publicly traded diversified technology and manufacturing company. Honeywell Building Automation operates as the Building Automation business group, providing building control systems, security solutions, and energy management systems. The company is headquartered in Charlotte, North Carolina, USA, and serves commercial property owners, facility managers, and residential customers globally with integrated building solutions.
Parent Company
Honeywell International
Founded
1906
Status
Publicly Traded
Headquarters
Charlotte, North Carolina, USA
Who Owns Honeywell Building Automation?
- Parent Company: Honeywell International
- Ownership Type: Subsidiary
- Company Type: Publicly Traded
- Stock Ticker: NYSE: HON
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Honeywell Building Automation | Honeywell International | Subsidiary |
History of Honeywell Building Automation
- Founded: 1906
- Founders: Albert Butz
Honeywell Building Automation evolved from Honeywell's original business of manufacturing thermostats and heating control systems founded in 1906. This founding vision demonstrated exceptional insight into the growing demand for building automation solutions while establishing a distinctive approach that would define the building automation category for generations. The company expanded throughout the 20th century, developing advanced building control systems, security solutions, and energy management technologies. This strategic positioning demonstrated Honeywell Building Automation's exceptional ability to create differentiated building automation solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades. Honeywell became a leading provider of integrated building automation systems serving commercial properties, industrial facilities, and residential buildings.
In 1999, the merger of Honeywell with AlliedSignal Corporation expanded building automation capabilities. This period of excellence demonstrated Honeywell Building Automation's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple building automation segments. In 2016, Honeywell reorganized its Automation and Control Solutions division, creating the Building Automation business group by splitting it from Safety and Productivity Solutions. This strategic diversification demonstrated Honeywell Building Automation's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the building automation industry. This reorganization allowed Honeywell to focus more strategically on building-specific solutions including fire safety, security, and energy management.
Honeywell Building Automation has continued to modernize and expand its product portfolio, developing cloud-based building management systems, advanced security solutions, and energy-efficient HVAC systems. This continued evolution demonstrated Honeywell Building Automation's exceptional ability to maintain market relevance while adapting to changing building automation requirements and technological advancements. The division has maintained its position as a leading provider of integrated building solutions for commercial property owners and facility managers worldwide. This continued excellence demonstrates Honeywell Building Automation's exceptional ability to maintain market leadership while adapting to changing building automation dynamics and regulatory requirements. This strategic integration demonstrated Honeywell Building Automation's exceptional ability to integrate into larger technology corporations while maintaining its core brand identity and cultural significance in the building automation industry. This continued success represents a significant milestone in the evolution of building systems and consumer-focused technology solutions.
About Honeywell International
What does Honeywell own?
Honeywell operates four business segments: Aerospace Technologies (avionics, aircraft engines, aircraft systems), Industrial Automation (process automation, safety equipment, warehouse automation), Building Automation (building management, fire, security systems), and Energy and Sustainability Solutions (process technology, specialty chemicals, advanced materials). In February 2025, Honeywell announced plans to separate into three independent publicly traded companies.
Is Honeywell publicly traded?
Yes, Honeywell International Inc. trades on the NASDAQ under ticker symbol HON. The company has no controlling shareholder, with ownership distributed among institutional investors including Vanguard Group and BlackRock.
What is Honeywell's annual revenue?
In FY2024, Honeywell reported net revenue of approximately $36.7 billion, with Q4 2024 sales of $10.1 billion, up 7% year-over-year. The company generated full-year free cash flow of approximately $4.7 billion.
Who is Honeywell's CEO?
Vimal Kapur has served as Chairman and CEO of Honeywell since 2023 (CEO) and 2024 (Chairman), succeeding Darius Adamczyk. Kapur joined Honeywell in 1989 and led the company's announcement in February 2025 to separate into three independent publicly traded companies.
What is Honeywell's planned separation?
In February 2025, following a comprehensive portfolio review, Honeywell announced plans to separate into three independent publicly traded companies: an aerospace and defense company (retaining the Honeywell name), an automation company combining industrial and building automation, and an advanced materials company. The separations are expected to be completed by 2026.
Who founded Honeywell?
The Honeywell name traces to Mark Honeywell, who founded the Honeywell Heating Specialty Company in 1906 in Wabash, Indiana. The modern Honeywell International was formed through the 1999 merger of Honeywell Inc. and AlliedSignal Corporation, which brought together businesses from multiple industrial sectors.
- Founded: 1906
- Headquarters: Charlotte, North Carolina, USA
- Company Type: Publicly Traded
- Stock: NYSE: HON
Where Is Honeywell Building Automation Made / Based?
- Headquarters: Charlotte, North Carolina, USA
- Manufacturing / Operations: United States, Canada, United Kingdom, Germany, Mexico
Brands Owned by Honeywell International
- Honeywell Aerospace Technologies - Leading manufacturer of aircraft engines, avionics, flight management systems, a...
- Honeywell Performance Materials and Technologies - Leading provider of process technology, specialty chemicals, advanced materials,...
- Honeywell Safety and Productivity Solutions - Leading provider of scanning, mobility, sensing, and industrial safety solutions...
Frequently Asked Questions About Honeywell Building Automation
Competitors to Honeywell Building Automation
No direct competitors found in the same category. This could be because Honeywell Building Automationoperates in a unique market segment or we're still building our competitor database.
Honeywell International Stock Information
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