Bloomberg: IPOX® Founder Josef Schuster on the Growing Momentum Behind Industrial Spinoffs

In Bloomberg’s ECM Watch column by Anthony Hughes, two of America’s leading industrial firms — Honeywell International and DuPont de Nemours — are pursuing high-profile spinoffs inspired by the successful breakup of General Electric. The new entities, Solstice Advanced Materials Inc. and Qnity Electronics Inc., mark significant steps in a broader wave of corporate separations reshaping the U.S. industrial landscape.

Bloomberg reports that investors are increasingly viewing spinoffs as a compelling value-creation strategy, with the S&P U.S. Spin-Off Index up nearly 18% in 2025, outpacing the broader S&P 500.

Highlighting the sector’s resilience, IPOX® Founder Josef Schuster commented on the positive fundamentals supporting many of these transactions:

“More often than not, the dynamics these companies are creating are pretty solid,” said Josef Schuster, the founder of index provider IPOX Schuster.

Schuster also noted that while spinoffs can initially face selling pressure, unlike the sharp gains often seen in IPOs, underlying fundamentals and index inclusion can help sustain demand over time.

Read the full article by Anthony Hughes on the Bloomberg Terminal:
Industrials Tap General Electric’s Spinoff Playbook: ECM Watch