Brady completes USD 1.4 billion acquisition of Honeywell Technologies’ productivity solutions business

Synergy and deleveraging targets

The company targets at least USD 25 million of annual run-rate cost synergies within three years and deleveraging below 2x within two years.

Business contribution and segment reporting

PSS generated about USD 1.1 billion of sales in fiscal 2025 and is expected to add about USD 0.8 to adjusted diluted EPS.

Brady will report two segments: Identification Solutions and Intelligent Productivity Solutions for the acquired business.

Brady closes Honeywell Technologies productivity solutions acquisition

Brady completed its all-cash acquisition of Honeywell Technologies’ Productivity Solutions and Services business on Aug. 3 for USD 1.4 billion.

The deal was funded with cash on hand, a senior unsecured credit facility and private placement debt. Brady said expected net debt-to-EBITDA will be about 2.5x.

Synergy and deleveraging targets

Business contribution and segment reporting

Brady closes Honeywell Technologies productivity solutions acquisition

Related News

US Cash Crude-Grades ease as US President Trump holds off on a fresh Iran attack

Philip Morris names Massimo Andolina as group CFO in initial beneficial ownership filing

Intelligent Bio Solutions says shares outstanding total 3,018,188 as of July 31, 2026

Ecopetrol flags El Niño preparations as Q2 profit more than triples

Shentel CEO Edward H. McKay acquires 2,000 common shares for $24,280