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HONEYWELL TO SELL PRODUCTIVITY SOLUTIONS AND SERVICES BUSINESS TO BRADY CORPORATION
Honeywell announced it will sell its Productivity Solutions and Services (PSS) business to Brady Corporation for $1.4 billion in an all-cash transaction, expected to close in the second half of 2026. This divestiture is part of Honeywell’s multi-year portfolio transformation, aligning with the planned spin-off of its Aerospace business and ongoing assessment of its Warehouse and Workflow Solutions business. The sale will allow Honeywell to focus on its core businesses while enhancing Brady Corporation’s offerings in industrial identification and safety.