Calendar
Completed spin-offs
US spin-offs since 2015 and European spin-offs since 2023, each with its press release, investor presentation and information statement or prospectus.
Completed spin-offs by yearSelect a bar to filter the list
265 spin-offs
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
Date11 Dec 2025
Coffee Stain GroupEUFrom Embracer Group · EMBRAC B · Nasdaq First North Premier Growth Market (Stockholm)
TransactionCoffee Stain (Goat Simulator, Satisfactory, Deep Rock) and other PC/console studios distributed 1:1.
2-year markNon-US
Date6 Dec 2025
The Magnum Ice Cream CompanyMICCEUFrom Unilever · UL
TransactionDemerger of Unilever's ice cream business, listed in Amsterdam, London and New York.
Documents
2-year markNon-US
Date5 Dec 2025
Gosol Energy Group (further shares)EUFrom Renewable Ventures Nordic · Spotlight Stock Market
TransactionPartial distribution of RVN's remaining Gosol stake: 7 Gosol shares per 6 RVN shares.
Documents
2-year markNon-US
Date1 Nov 2025
Qnity ElectronicsQFrom DuPont · DD
TransactionSpin of Qnity Electronics business (Q)
Documents
2-year mark1 Nov 2027
Date30 Oct 2025
Solstice Advanced MaterialsSOLSFrom Honeywell International · HON
TransactionSpin of Solstice Advanced Materials business (SOLS)
Documents
2-year mark30 Oct 2027
Date20 Oct 2025
TKMSTKMSEUFrom thyssenkrupp · TKA · Frankfurt (Prime Standard)
TransactionNaval shipbuilding: submarines and surface warships, naval electronics (Atlas Elektronik).
Documents
2-year markNon-US
Date1 Oct 2025
Sony Financial GroupSFGYYFrom Sony · SONY
TransactionPartial spin of Sony Financial Group (SFGYY)
Documents
2-year markPassed
Date18 Sep 2025
AumovioEUFrom Continental · CON · Frankfurt (Prime Standard)
TransactionAutomotive electronics/sensors/software business (former Continental Automotive group sector).
Documents
2-year markNon-US
Date12 Sep 2025
HF ReverseEUFrom Havsfrun Investment · HAV B · Spotlight Stock Market
TransactionNewly formed reverse-takeover vehicle; Havsfrun distributed half its shares to >8,000 shareholders and remains sponsor/main owner.
Documents
2-year markNon-US
Date15 Jul 2025
GCI LibertyGLIBKFrom Liberty Broadband · LBRDA / LBRDK
TransactionSpin of GCI Liberty telecom unit (GLIBA)(GLIBK)
Documents
2-year mark15 Jul 2027
Date28 Jun 2025
RalliantRALFrom Fortive · FTV
TransactionSpin of Ralliant precision technologies unit (RAL)
Documents
2-year mark28 Jun 2027
Date23 Jun 2025
AmrizeAMRZEUFrom Holcim · HCMLY
TransactionSpin-off of Holcim's North American building-materials business, listed in New York and Zurich.
Documents
2-year markNon-US
Date2 Jun 2025
Valterra PlatinumVALTEUFrom Anglo American · AAL · JSE (primary, already listed) + LSE Main Market (new international secondary listing)
TransactionPGM miner (platinum group metals); Anglo distributed part of its ~67% stake in the already JSE-listed Anglo American Platinum to its own shareholders (110 Valterra shares per 1,075 Anglo shares), alongside an Anglo share consolidation.
Documents
2-year markNon-US
Date7 May 2025
Lionsgate StudiosLIONFrom Lionsgate · LGF-A / LGF-B
TransactionSpin of Lionsgate Studios (LION)
Documents
2-year mark7 May 2027
Date7 May 2025
Costamare BulkersCMDBFrom Costamare · CMRE
TransactionSpin of Costamare Bulkers dry bulk business (CMDB)
Documents
2-year mark7 May 2027
Date31 Mar 2025
AngiANGIFrom IAC · IAC
TransactionSpin of stake in Angi (ANGI)
Documents
2-year mark31 Mar 2027
Date24 Feb 2025
SandiskSNDKFrom Western Digital · WDC
TransactionPartial spin of Sandisk flash memory business (SNDK)
2-year mark24 Feb 2027
Date19 Feb 2025
mResell HoldingEUFrom Upgrade Invest Nordic · Spotlight Stock Market
TransactionShell subsidiary distributed 1:1 with warrants, combined with mResell (refurbished-electronics reseller).
Documents
2-year markNon-US
Date7 Feb 2025
Millrose PropertiesMRPFrom Lennar · LEN
TransactionPartial spinoff of Millrose Properties (MRP)
Documents
2-year mark7 Feb 2027
Date7 Feb 2025
Asmodee GroupASMDEE BEUFrom Embracer Group · EMBRAC B · Nasdaq Stockholm
TransactionBoard-games publisher/distributor (Asmodee) distributed 1:1.
2-year markNon-US
Date10 Jan 2025
Haiki+EUFrom Innovatec · INC · Euronext Growth Milan
TransactionEnvironment / circular-economy holding: waste treatment, recovery and recycling plants (four divisions).
Documents
2-year markNon-US
Date16 Dec 2024
Canal+CANEUFrom Vivendi · VIV (Euronext Paris) · LSE Main Market
TransactionPay-TV and film/TV studio group (Canal+, StudioCanal).
2-year markNon-US
Date16 Dec 2024
HavasHAVASEUFrom Vivendi · VIV · Euronext Amsterdam
TransactionAdvertising and communications agency group.
Documents
2-year markNon-US
Date16 Dec 2024
Louis Hachette GroupALHGEUFrom Vivendi · VIV · Euronext Growth Paris
TransactionHolding of 66.5% of Lagardère SA (publishing, travel retail) and 100% of Prisma Media.
Documents
2-year markNon-US
Date25 Nov 2024
ConcentraCONFrom Select Medical · SEM
TransactionPartial spin of Concentra (COn)
Documents
2-year mark25 Nov 2026
Date8 Nov 2024
Sunrise CommunicationsSNREEUFrom Liberty Global · LBTYA
TransactionSpin-off of Liberty Global's Swiss telecom operator Sunrise, listed in Zurich with ADSs on Nasdaq.
Documents
2-year markNon-US
Date1 Nov 2024
Everus Construction GroupECGFrom MDU Resources · MDU
TransactionSpin of Everus Construction Group (ECG)
Documents
2-year mark1 Nov 2026
Date3 Oct 2024
PentixapharmPTPEUFrom Eckert & Ziegler · EUZ · Frankfurt (Prime Standard)
TransactionRadiopharmaceutical biotech developing CXCR4-targeted diagnostics/therapeutics (PentixaFor/PentixaTher).
Documents
2-year markNon-US
Date1 Oct 2024
Curbline PropertiesCURBFrom SITE Centers · SITC
TransactionSpin of Curbline Properties convenience assets (CURB)
Documents
2-year markPassed
Date1 Oct 2024
South BowSOBOFrom TC Energy · TRP
TransactionSpin of South Bow liquids pipelines business (SOBO)
Documents
2-year markPassed
Date1 Oct 2024
GiG SoftwareEUFrom Gaming Innovation Group · G2M (Nasdaq Stockholm) / G2MNO (Oslo) · Nasdaq First North Premier Growth Market (SDRs); NDRs on Euronext NOTC
TransactionIGaming B2B platform/sportsbook software business separated from affiliate-media business (Gentoo Media); distribution completed 2024-09-30.
Documents
2-year markNon-US
Date27 Sep 2024
AmentumAMTMFrom Jacobs Solutions · J
TransactionSpin-merge of critical mission solutions and cyber intelligence with Amentum (AMTM)
Documents
2-year markPassed
Date26 Sep 2024
Optima HealthOPTEUFrom Marlowe · MRL · AIM
TransactionOccupational health services provider (Marlowe's former occupational health division); demerger dividend 1 Optima share per Marlowe share, no capital raised.
Documents
2-year markNon-US
Date31 Jul 2024
Seaport Entertainment GroupSEGFrom Howard Hughes · HHH
TransactionSpin of Seaport Entertainment (SEG)
2-year markPassed
Date1 Jul 2024
KalmarKALMAREUFrom Cargotec · CGCBV · Nasdaq Helsinki
TransactionContainer-handling and terminal equipment business.
2-year markNon-US
Date24 Jun 2024
GRAILGRALFrom Illumina · ILMN
TransactionSpin of GRAIL cancer detection (GRAL)
Documents
2-year markPassed
Date18 Jun 2024
Hermana HoldingEUFrom Magnora · MGN · Oslo Stock Exchange (per release)
TransactionLegacy licence business (70% of Western Isles Holding) demerged to shareholders 1:1; Magnora keeps 30% of Hermana.
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.