Honeywell International IncHoneywell completes divestiture, finalizing transition to pure-play automation company, with proceeds from sale.
Honeywell Technologies has completed the sale of its Productivity Solutions and Services business to Brady Corporation in an all-cash transaction. Chairman and CEO Vimal Kapur said the divestiture marks the final step in the company's transition to a pure-play automation company, now fully focused on the building, industrial and process sectors. The deal follows last month's sale of the Warehouse and Workflow Solutions business and the 2025 divestiture of the Personal Protective Equipment business. Since 2023, Honeywell Technologies has completed approximately $11.5 billion of accretive, synergistic acquisitions, including Compressor Controls Corporation, SCADAfence, the Access Solutions business from Carrier Global, the LNG business from Air Products, Sundyne, Li-ion Tamer and the Catalyst Technologies business from Johnson Matthey.
Honeywell International IncHoneywell completes divestiture, finalizing transition to pure-play automation company, with proceeds from sale.
Carrier Global Corp
Air Products and Chemicals Inc
Johnson Matthey PLC
Brady CorporationBrady Corporation acquires Honeywell's Productivity Solutions and Services business in an all-cash transaction, expanding its portfolio.