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Honeywell to offload business unit for $1.4B as portfolio transformation nears completion

2026-04-29 18:26:01

Abstract generation in progress

Honeywell plans to sell its Personal Safety business unit for $1.4 billion to Brady Corp., continuing CEO Vimal Kapur’s strategy to refocus the company on three key megatrends. This move follows previous reorganizations and spinoffs as Honeywell nears the completion of its portfolio transformation. The sale marks a significant step in the company’s strategic realignment.

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