Honeywell completes sale of personal protective equipment business to protective industrial products

$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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