Brady Corp Completes $1.4B Acquisition of Honeywell's PSS Business
Brady Corporation (NYSE: BRC) has completed its $1.4 billion acquisition of Honeywell International Inc.'s Productivity Solutions and Services business, a global manufacturer and provider of integrated mobile computing, scanning, printing, and software solutions.
The deal, announced on April 20, 2026, adds approximately $1.1 billion in sales to Brady Corporation's revenue, according to the company's press release.
The acquisition was funded with a combination of cash on hand and borrowings under the Credit Facilities, which include approximately $800 million borrowed under an existing $1.0 billion Credit Agreement dated June 12, 2026, and another $800 million borrowed under a Note Purchase Agreement.