StockWatch
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Miscellaneous manufacturing industries
AcquisitionsOct 16, 2026, 08:31 AM

Brady Corp Completes Acquisition of Honeywell's PSS Business for $1.4B

AI Summary

Brady Corporation announced the completion of its acquisition of Honeywell International Inc.'s Productivity Solutions and Services business for a base purchase price of $1.4 billion. The filing includes the audited and unaudited financial statements of the acquired business for various periods, as well as unaudited pro forma condensed combined financial information reflecting the transaction. The acquisition was effective August 3, 2026.

Key Highlights

  • Brady Corporation completed the acquisition of Honeywell International Inc.'s Productivity Solutions and Services business on August 3, 2026.
  • The acquisition was made for a base purchase price of $1.4 billion in cash, subject to customary post-closing adjustments.
  • The acquired business provides hardware, software, and automation solutions.
  • Financial statements for the acquired business for the years ended December 31, 2025 and 2024, and six months ended June 27, 2026, are included.
  • Unaudited pro forma condensed combined financial information for Brady Corporation and the acquired business is provided.