Other News > Honeywell – Honeywell completes sale of Personal Protective Equipment Business to Protective Industrial Products

Honeywell – Honeywell completes sale of Personal Protective Equipment Business to Protective Industrial Products

May 22, 2025
Honeywell

  • $1.325 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 shareowners

 

CHARLOTTE, 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.

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