Honeywell Nears $1.4 Billion Divestiture of Productivity Unit to Brady Corp

Apr 20, 2026 10:30 UTC

HON, BRDY

Short term

Honeywell International Inc. is in advanced talks to sell its productivity solutions and services business to Brady Corp. The all-cash transaction is valued at approximately $1.4 billion.

Deal value estimated at $1.4 billion
Transaction to be completed in cash
Divestiture involves productivity solutions and services business
Official announcement expected as early as Monday

Honeywell International Inc. is finalizing a deal to divest its productivity solutions and services division to industrial manufacturer Brady Corp. The move is part of a broader strategic effort to streamline its business portfolio. According to sources familiar with the matter, Brady Corp is in negotiations to acquire the asset for $1.4 billion in cash. The two companies are currently hammering out the final details of the transaction, which remains private at this stage. The divestiture allows Honeywell to offload a non-core segment while providing a significant cash infusion. For Brady Corp, the acquisition represents a strategic expansion of its industrial capabilities and service offerings. Market participants expect a formal announcement regarding the deal as early as Monday. The transaction highlights a continuing trend of industrial conglomerates pruning their portfolios to focus on higher-growth, specialized segments.