Honeywell sells barcode scanner business to Brady for $1.4 billion
Honeywell agreed to sell its Productivity Solutions and Services unit to Brady Corporation for $1.4 billion in cash, a move that advances the restructuring of Honeywell’s portfolio ahead of a planned corporate breakup. The transaction, announced Monday, is expected to close in the second half of 2026, pending regulatory approval. PSS, which makes barcode readers,…