Brady completes USD 1.4 billion acquisition of Honeywell Technologies’ productivity solutions business
I'm LongbridgeAI, I can summarize articles.Brady completed the USD 1.4 billion all-cash acquisition of Honeywell’s Productivity Solutions and Services business on August 3. Funded via cash, credit facilities, and debt, the deal adds USD 1.1 billion in sales. Brady will report two segments and targets USD 25 million in annual cost synergies within three years, aiming to reduce net debt-to-EBITDA below 2x within two years.
- Brady completed its all-cash acquisition of Honeywell Technologies’ Productivity Solutions and Services business on Aug. 3 for USD 1.4 billion. * Deal funded with cash on hand, a senior unsecured credit facility, private placement debt; expected net debt-to-EBITDA about 2.5x. * PSS generated about USD 1.1 billion of sales in fiscal 2025; expected to add about USD 0.8 to adjusted diluted EPS. * Brady will report two segments: Identification Solutions, Intelligent Productivity Solutions for the acquired business. * Company targets at least USD 25 million of annual run-rate cost synergies within three years; deleveraging below 2x within two years. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brady Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608031610PRIMZONEFULLFEED9802719) on August 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)