Every Spin-Off
Calendar
Spin-offs completed in 2026
23 separations, 9 of them in Europe, newest first.
DateSpin-offTransactionDocuments2-year mark
Date15 Oct 2026
MiniMed GroupMMEDFrom Medtronic · MDT
TransactionSplit-off of the diabetes business: IPO in March 2026, then Medtronic exchanged its remaining ~90% for its own shares (4.5939 MMED per MDT share tendered)
Documents
2-year mark15 Oct 2028
Date9 Oct 2026
AI Okto Corp.AIOKFrom Toro Corp. · TORO
TransactionSpin of the LPG carrier business onto the Nasdaq Capital Market
Documents
2-year mark9 Oct 2028
Date1 Oct 2026
Gentherm (performance tech, spin-merge)THRMFrom Modine Manufacturing · MOD
TransactionSpin-merge of performance tech business with Gentherm (THRM)
Documents
2-year markPassed
Date1 Oct 2026
VylorVYLRFrom Corteva · CTVA
TransactionSpin of Vylor seed unit (VYLR)
Documents
2-year mark1 Oct 2028
Date3 Aug 2026
ADI Global DistributionADIGFrom Resideo Technologies · REZI
TransactionSpin of ADI Global Distribution (ADIG)
2-year mark3 Aug 2028
Date6 Jul 2026
Midera Food ProcessingMFPFrom Middleby · MIDD
TransactionSpin of Midera Food Processing (MFP)
Documents
2-year mark6 Jul 2028
Date1 Jul 2026
Mobility GlobalMBGLFrom S&P Global · SPGI
TransactionSpin of Mobility Global (MBGL)
Documents
2-year mark1 Jul 2028
Date29 Jun 2026
Honeywell AerospaceHONAFrom Honeywell International · HON
TransactionSpin of Honeywell Aeropsace (HONA)
Documents
2-year mark29 Jun 2028
Date15 Jun 2026
Salix GroupSALIXEUFrom Volati · VOLO · Nasdaq Stockholm
TransactionVolati's Salix Group business area (Nordic supplier of home-improvement, garden and building-related products) distributed 1:1 to ordinary shareholders.
2-year markNon-US
Date3 Jun 2026
AiraAIRAEUFrom Upsales Technology · UPSALE · Nasdaq First North Growth Market
TransactionPre-revenue AI sales-assistant app subsidiary distributed 1:1.
Documents
2-year markNon-US
Date1 Jun 2026
FedEx FreightFDXFFrom FedEx · FDX
TransactionSpin of FedEx Freight unit (FDXF)
Documents
2-year mark1 Jun 2028
Date28 May 2026
Octave IntelligenceOCTVEUFrom Hexagon
TransactionSpin-off of Hexagon's Octave software business, listed on Nasdaq New York with Swedish depositary receipts in Stockholm.
Documents
2-year markNon-US
Date11 May 2026
Norion BankNORIONEUFrom Fastighets AB Balder · BALD B · Nasdaq Stockholm
TransactionDistribution of Balder's ~47.7% stake (~90.5M shares) in listed consumer/corporate lender Norion Bank (ex-Collector); 0.0769 Norion per Balder share.
Documents
2-year markNon-US
Date23 Apr 2026
Kongsberg MaritimeKMAREUFrom Kongsberg Gruppen · KOG · Euronext Oslo Børs
TransactionMaritime division (ship systems, propulsion, automation, digital) demerged.
Documents
2-year markNon-US
Date20 Apr 2026
First Tracks BiotherapeuticsTRAXFrom AnaptysBio · ANAB
TransactionSpin of First Tracks Bioterapeutics (TRAX)
Documents
2-year mark20 Apr 2028
Date17 Apr 2026
Creotech QuantumEUFrom Creotech Instruments · CRI · GPW Main Market (Warsaw)
TransactionQuantum technologies: quantum-secure communications/cryptography, time-synchronisation systems, quantum-processor control electronics, vision systems. 1:1 ratio, ~2.85m shares.
Documents
2-year markNon-US
Date15 Apr 2026
Syn2bioS2BEUFrom Synektik · SNT · GPW Main Market (Warsaw)
TransactionSynektik's biotech R&D arm; lead asset SYN2 cardiac biomarker in phase 3 trials. 1:1 ratio, 8,529,129 shares.
Documents
2-year markNon-US
Date1 Apr 2026
VersigentVGNTFrom Aptiv · APTV
TransactionSpin of Versigent electrical distribution business (VGNT)
Documents
2-year mark1 Apr 2028
Date2 Mar 2026
EasorEASOREUFrom Talenom · TNOM · Nasdaq Helsinki
TransactionSoftware/banking-services business of the accounting firm demerged 1:1.
Documents
2-year markNon-US
Date27 Feb 2026
Atrium TherapeuticsRNAFrom Avidity Biosciences · RNA
TransactionSpin of Atrium Therapeutics (RNA)
Documents
2-year mark27 Feb 2028
Date9 Feb 2026
BD Biosciences & Diagnostics → WatersWATFrom BD · BDX
TransactionSpin-merge of BD's Biosciences & Diagnostic Solutions unit with Waters (WAT)
2-year markPassed
Date2 Jan 2026
Versant Media GroupVSNTFrom Comcast · CMCSA
TransactionSpin of Versant cable networks business (VSNT)
Documents
2-year mark2 Jan 2028
Date2 Jan 2026
Lassila & Tikanoja (new)EUFrom Luotea (ex-Lassila & Tikanoja) · Nasdaq Helsinki
TransactionEnvironmental services/circular economy business demerged; remaining facility services renamed Luotea; demerger registered 2025-12-31.
Documents
2-year markNon-US
Gold links open the source document. Grey links open the SEC EDGAR search for the company where a direct link is not yet verified. European deals link to the company release, the exchange notice or a news report until the release is on file. The 2-year mark approximates the end of the Section 355(e) presumption period and applies to US deals only. Methodology.