The transaction comes against the backdrop of Honeywell's recent disclosure about its intention to sell the PPE business and aligns with its intention to optimize its portfolio by taking action to ...

Charlotte, N.C.-based Honeywell has agreed to sell its personal protective equipment business to Latham, N.Y.-based Protective Industrial Products Inc. (PIP), a portfolio company of private equity ...

CHARLOTTE, N.C., May 22, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced it has completed the sale of its Personal Protective Equipment (PPE) business to Protective Industrial ...

Honeywell International is selling its personal protective equipment business for $1.3 billion to Protective Industrial Products, a portfolio under private equity firm Odyssey Investment Partners ...

The all-cash transaction will complete Honeywell's exit from the PPE sector. Honeywell's PPE business has approximately 5,000 employees, 20 manufacturing sites and 17 distribution locations across ...

Honeywell’s first quarter saw a positive market reaction as the company delivered revenue and non-GAAP profit above Wall ...

Following the initial announcement on March 4, Honeywell finalized its acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion on June 9. The industrial manufacturing ...

The transaction enables Honeywell to exit the PPE industry, a process that began with the 2021 sale of its Lifestyle and Performance Footwear Business to Rocky Brands. The sale to PIP, ...

The Personal Protective Equipment (PPE) market continues to grow due to increasing awareness of workplace safety, rising industrialization, and stringent regulatory standards. Innovations in smart and ...

PIP is a global supplier and manufacturer of PPE products and a portfolio company of Odyssey Investment Partners. The sale further advances Honeywell's efforts to optimize its portfolio ...

CHARLOTTE, N.C. - Honeywell (NASDAQ: HON), a prominent industrial conglomerate with a market capitalization of $144 billion and a "GOOD" financial health rating according to InvestingPro, has ...