Honeywell Sells PSS Business

Honeywell Technologies recently completed the sale of its Productivity Solutions and Services (PSS) business to Brady Corporation in an all-cash transaction.

“Closing the PSS divestiture is the final step toward completing our transition to a pure-play automation company,” said Vimal Kapur, chairman and CEO of Honeywell Technologies.

“As Honeywell Technologies, we are fully focused on the building, industrial and process sectors and the long-term growth opportunities leading the industry’s transition from automation to autonomy.”

Honeywell Technologies is a global, pure-play automation company with a legacy of innovating to help solve the world’s most mission-critical challenges, enhancing the quality of life for people and communities around the world.

This divestiture follows the completed sale of the company’s Warehouse and Workflow Solutions business last month and the divestiture of its Personal Protective Equipment business in 2025.

• Since 2023, the company has completed approximately $11.5 billion of accretive, synergistic acquisitions, including Compressor Controls Corporation, SCADAfence, the Access Solutions business from Carrier Global, the LNG business from Air Products, Sundyne, Li-ion Tamer and the Catalyst Technologies business from Johnson Matthey.