Trending Now - Honeywell Divests Productivity Solutions Unit in $1.4B Sale
WHO:
PR Newswire - Honeywell (Nasdaq: HON) is selling its Productivity Solutions and Services business to Brady Corporation (NYSE: BRC).
PR Newswire - Vimal Kapur is the Chairman and CEO of Honeywell.
WHAT:
PR Newswire - Honeywell's Productivity Solutions and Services business is currently part of Honeywell's Industrial Automation business portfolio.
PR Newswire - The acquisition of the Productivity Solutions and Services business will enhance Brady's capabilities in data capture, mobile computing, and workflow automation, creating a more integrated, end-to-end productivity and safety platform for industrial and logistics customers.
PR Newswire - Since 2023, Honeywell has announced approximately $14 billion of accretive and synergistic acquisitions, including Compressor Controls Corporation, SCADAfence, and others.
PR Newswire - Honeywell has agreed to sell its Productivity Solutions and Services business for $1.4 billion in an all-cash transaction.
PR Newswire - The transaction is expected to be completed in the second half of 2026 and is subject to regulatory approvals and customary closing conditions.
PR Newswire - The Productivity Solutions and Services business generated approximately $1.1 billion in revenue in 2025.
PR Newswire - The sale is part of Honeywell's multi-year portfolio transformation and simplification strategy.
WHERE:
PR Newswire - The announcement was made in Charlotte, North Carolina.
WHEN:
PR Newswire - The sale follows a review of strategic alternatives that Honeywell commenced in July 2025.
PR Newswire - The planned spin-off of Honeywell's Aerospace business is expected to be completed in the third quarter of 2026.
PR Newswire - Honeywell divested its Personal Protective Equipment business in 2024 and spun off its Advanced Materials business as Solstice Advanced Materials in October 2025.
WHY:
PR Newswire - The divestiture of the Productivity Solutions and Services business is part of Honeywell's strategy to further simplify its portfolio and strengthen its financial and operational focus on core businesses.
PR Newswire - The divestiture aims to further simplify Honeywell's portfolio and strengthen its financial and operational focus on core businesses.
PR Newswire - The acquisition will allow Brady to enhance its capabilities in data capture, mobile computing, and workflow automation.
HOW:
PR Newswire - Centerview Partners is serving as financial advisor to Honeywell, while Kirkland & Ellis LLP, Baker McKenzie, and Womble Bond Dickinson are providing external legal counsel.
(UPDATED April 20, 2026 21:13 UTC)
Honeywell has announced the divestiture of its Productivity Solutions and Services business, which is now part of its Industrial Automation portfolio, as part of a strategy to simplify its operations and focus on core businesses. This acquisition will enhance Brady's capabilities in data capture, mobile computing, and workflow automation, ultimately creating a more integrated productivity and safety platform for industrial and logistics customers. Since 2023, Honeywell has made approximately $14 billion in synergistic acquisitions, including notable companies like Compressor Controls Corporation and SCADAfence.
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(UPDATED April 20, 2026 19:36 UTC)
Honeywell has announced it will sell its Productivity Solutions and Services business to Brady Corporation for $1.4 billion in an all-cash deal, with the transaction expected to close in the second half of 2026, pending regulatory approvals. This sale, revealed in Charlotte, North Carolina, is part of Honeywell's ongoing strategy to simplify its portfolio and follows a review of strategic alternatives that began in July 20th25. The Productivity Solutions and Services business generated approximately $1.1 billion in revenue in 2025, and the acquisition will help Brady enhance its capabilities in data capture and workflow automation.