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Honeywell Closes Sale of Personal Protective Equipment Business for $1.325 Billion
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Honeywell Closes Sale of Personal Protective Equipment Business for $1.325 Billion
May 26, 2025 12:56 PM

04:44 PM EDT, 05/22/2025 (MT Newswires) -- Honeywell International ( HON ) closed the sale of its personal protective equipment business for $1.325 billion in cash to Protective Industrial Products, a portfolio company of Odyssey Investment Partners.

"Completing the divestiture of our PPE business is another critical step in simplifying and optimizing our portfolio for growth in our core businesses," Honeywell ( HON ) Chief Executive Officer Vimal Kapur said Thursday in a statement.

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