Brady completes USD 1.4 billion acquisition of Honeywell Technologies’ productivity solutions business
Reuters2026/08/03 20:22- Brady completed its all-cash acquisition of Honeywell Technologies’ Productivity Solutions and Services business on Aug. 3 for USD 1.4 billion.
- Deal funded with cash on hand, a senior unsecured credit facility, private placement debt; expected net debt-to-EBITDA about 2.5x.
- PSS generated about USD 1.1 billion of sales in fiscal 2025; expected to add about USD 0.8 to adjusted diluted EPS.
- Brady will report two segments: Identification Solutions, Intelligent Productivity Solutions for the acquired business.
- Company targets at least USD 25 million of annual run-rate cost synergies within three years; deleveraging below 2x within two years.
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