Honeywell Sells PSS Unit for $1.4B to Brady Corp

Honeywell International Inc. is reportedly in advanced talks to divest its productivity solutions and services (PSS) business to industrial manufacturer Brady Corp. The deal is valued at approximately $1.4 billion in cash. This transaction, if finalized, would mark the most significant acquisition for Brady Corp., which specializes in identification and protection products.

The PSS business, a provider of mobile computers, barcode scanners, and printing solutions, generated about $1.1 billion in revenue during 2025. Honeywell has been actively reviewing strategic alternatives for several of its units, including PSS, as part of a company-wide reshaping initiative.

This potential divestiture aligns with Honeywell's broader strategy of disposals and spinoffs. The company is also in the process of separating its automation and aerospace businesses, with completion expected in the third quarter of 2026. These strategic moves indicate a continued effort by Honeywell to refine its market focus and operational structure.

Furthermore, Honeywell has been engaged with multiple parties regarding the sale of its warehouse and workflow solutions business, which generated nearly $1 billion in revenue in 2024. The company's recent acquisition activities, including a revised deal for Johnson Matthey Plc's Catalyst Technologies, also highlight its dynamic approach to portfolio management.