Honeywell has announced it will sell its Productivity Solutions and Services (PSS) business to Brady Corporation in an all-cash deal worth $1.4 billion. The transaction, expected to close in the second half of 2026, includes a product portfolio that spans mobile computers, barcode scanners, printing solutions and, notably for the RFID industry, RFID readers.
The PSS division sits within Honeywell’s Industrial Automation business and reported revenues of approximately $1.1 billion for 2025. It serves warehouse, logistics and manufacturing customers, markets where RFID reader technology plays a central role in inventory management, asset tracking and supply chain visibility. The inclusion of RFID readers in the sale means that Brady Corporation will inherit a well-established hardware offering in the automatic identification and data capture (AIDC) space.
Brady Corporation, listed on the NYSE under the ticker BRC, is an international manufacturer of high-performance labels, signs, safety devices and printing systems. The company already has a strong presence in industrial identification, so the addition of Honeywell’s data capture and RFID reader portfolio is a logical extension of its existing capabilities. Brady has described the acquisition as an opportunity to build a more integrated, end-to-end productivity and safety platform for industrial and logistics customers.
For the RFID sector, the deal raises questions about continuity of product development and support for existing Honeywell RFID reader customers. Brady’s leadership in identification solutions could, however, provide a strategic home that values and invests in the technology. The combination of Brady’s labelling and identification expertise with Honeywell’s RFID reader hardware may ultimately create a more cohesive offering for end users who need both the tag and the reader infrastructure in a single supply relationship.
Honeywell framed the divestiture as part of a broader multi-year portfolio transformation. The company is also preparing to spin off its Aerospace business, expected to complete in the third quarter of 2026, and continues to assess strategic alternatives for its Warehouse and Workflow Solutions business, which operates under the Intelligrated and Transnorm brand names. The sale of PSS follows earlier divestitures including the offload of Honeywell’s Personal Protective Equipment business in 2024 and the spin-off of its Advanced Materials division as Solstice Advanced Materials in October 2025.
Vimal Kapur, Chairman and CEO of Honeywell, said the PSS divestiture brings the company close to completing its portfolio transformation as it prepares to separate its Aerospace and Automation businesses into two independent publicly listed companies. He added that PSS would benefit from Brady’s complementary expertise in industrial identification and safety, creating a broader offering for warehouse, logistics and manufacturing customers.
The transaction remains subject to regulatory approvals and standard closing conditions. Centerview Partners is acting as financial advisor to Honeywell, with Kirkland and Ellis LLP, Baker McKenzie and Womble Bond Dickinson providing legal counsel.