What does Honeywell’s PSS business do?

The PSS division provides mobile computers, barcode scanners, and thermal printers used in supply chains, healthcare, and retail. It operates in the automated identification and data capture (AIDC) sector.

ow large is the PSS business being sold by Honeywell?

In 2025, Honeywell’s PSS business generated approximately $1.1 billion in revenue, making it a sizable but non-core segment within Honeywell’s broader portfolio.

Why is Honeywell (NASDAQ:HON) selling its PSS division?

The sale likely reflects Honeywell’s strategy to streamline its portfolio and focus on higher-growth or core industrial and technology segments. This is a typical capital reallocation move rather than a distress sale.

What does this acquisition mean for Brady Corporation (NYSE:BRC)?

For Brady, the acquisition adds immediate scale in digital tracking and hardware solutions. It strengthens its position in identification and safety products, especially in AIDC-related markets.

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Honeywell to divest productivity solutions business to Brady for $1.4B

Written by Liezl GambePublished Apr 20, 2026, 12:00 AM

Honeywell (NASDAQ:HON) announced today that it has entered into a definitive agreement to sell its Productivity Solutions and Services (PSS) business to Brady Corporation (NYSE:BRC) for $1.4 billion in an all-cash transaction.

The deal, which represents a significant consolidation in the automated identification and data capture (AIDC) sector, is expected to close in the second half of 2026.

The PSS division is a prominent supplier of high-performance mobile computers, barcode scanners, and thermal printers used across global supply chains, healthcare, and retail environments.

In 2025, the business reported approximately $1.1 billion in revenue.

For Brady Corporation, the acquisition significantly expands its portfolio of identification and safety solutions, providing immediate scale in the digital tracking and hardware markets.