Honeywell has agreed to sell its Productivity Solutions and Services business to Brady Corporation, an international manufacturer of identification and protection solutions, for $1.4 billion in an all-cash transaction.
The transaction is expected to be completed in the second half of 2026 and is subject to regulatory approvals and customary closing conditions.
The transaction follows the review of strategic alternatives Honeywell commenced in July 2025 for PSS and its Warehouse and Workflow Solutions (“WWS”) business to further simplify the company’s portfolio alongside the planned spin-off of its Aerospace business, which is expected to be complete in the third quarter of 2026. [Read more…] about Honeywell to sell productivity solutions unit to Brady for $1.4 billion as portfolio overhaul continues