Apr. 20 at 11:10 AM
$HON $BRC
Honeywell to sell PSS business to Brady for
$1.4B in cash
Honeywell (HON) announced that it has agreed to sell its Productivity Solutions and Services business to Brady Corporation (BRC) for
$1.4B 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 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. Honeywell remains actively engaged in its assessment of strategic alternatives for WWS, which operates commercially under the brand names Intelligrated and Transnorm.