Swindon and Reading-based Johnson Matthey has reported significant strategic progress in its latest annual update, following the company's agreement to sell its Catalyst Technologies business to Honeywell for £1.8bn.
The sale of Catalyst Technologies marks a pivotal step in Johnson Matthey's transformation. This move is seen as a strategic adaptation to market dynamics, allowing the company to sharpen its focus and unlock immediate value.
CEO Liam Condon commented on the sale, stating, "The sale of Catalyst Technologies marks a pivotal step in JM's transformation. It is the right move - adapting the business to market dynamics, sharpening our focus and unlocking immediate value. Importantly, it also paves the way for a more agile and focused version of JM. One that is leaner in structure and sharper in execution."
This strategic move is expected to pave the way for a more agile and focused Johnson Matthey, one that is leaner in structure and sharper in execution. For more details, you can read the full annual report and accounts on the Johnson Matthey website https://matthey.com/media/2025/jm-publishes-annual-report-and-accounts-2025.