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HONEYWELL COMPLETES SALE OF PERSONAL PROTECTIVE EQUIPMENT BUSINESS TO PROTECTIVE INDUSTRIAL PRODUCTS
HONHoneywell(HON) Prnewswire·2025-05-22 20:15

1.325billiondivestitureoptimizesandsimplifiesHoneywell′sportfolio PositionsHoneywelltocontinuetodeliverprofitablegrowthandstrongcashgeneration,creatingcompellinglong−termvaluefor shareownersCHARLOTTE,N.C.,May22,2025/PRNewswire/−−Honeywell(NASDAQ:HON)todayannouncedithascompletedthesaleofitsPersonalProtectiveEquipment(PPE)businesstoProtectiveIndustrialProducts,Inc.("PIP")for1.325 billion divestiture optimizes and simplifies Honeywell's portfolio  Positions Honeywell to continue to deliver profitable growth and strong cash generation, creating compelling long-term value for shareownersCHARLOTTE, 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 Products, Inc. ("PIP") for 1.325 billion in an all-cash transaction. PIP is a global supplier and manufact ...