Honeywell to Sell Productivity Business in $1.4 Billion Deal

The Honeywell avionics facility in Phoenix.Photographer: Caitlin O'Hara/Bloomberg

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By Liana Baker, David Carnevali, and Kiel Porter

April 20, 2026 at 10:30 AM UTC

Updated on

April 20, 2026 at 1:46 PM UTC

Honeywell International Inc. agreed to divest its productivity solutions and services business to industrial manufacturer Brady Corp., the latest move by Honeywell to reshape its portfolio as it pursues a multipart breakup.

Brady will pay $1.4 billion in cash for the business, according to a statement Monday that confirmed an earlier report by Bloomberg News. The deal is expected to be completed in the second half of this year.