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Brady Corp Buys Honeywell's PSS Business in $1.4B Deal

Guavy AI Editorial Team
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HON
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Brady Corp has completed its acquisition of Honeywell Technologies' Productivity Solutions and Services (PSS) business for $1.4 billion in an all-cash deal.

The addition bolsters Brady's portfolio with mobile computing, scanning, RFID, and workflow software, complementing its existing identification and safety solutions.

The acquisition is expected to boost Brady's adjusted diluted earnings per share by approximately $0.80 within the first year and provide access to a $9 billion productivity solutions market.

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