Brady Corporation Completes Transformational Acquisition of Honeywell Technologies’ Productivity Solutions and Services Business, Creating Leading Industrial Technology Company
Brady Corporation completed its acquisition of Honeywell's Productivity Solutions and Services (PSS) business for $1.4 billion in cash, funded through existing cash, a credit facility, and private placement debt. The transaction is immediately accretive, expected to add approximately $0.80 to Adjusted Diluted EPS within the first year, and expands the company's addressable market to $9 billion.
Key figures
- Guidance
- Expects $0.80 incremental Adjusted Diluted EPS within first year; $25M annual run-rate cost synergies within 3 years
- Deal Value Usd
- 1400000000
- Pss 2025 sales
- 1100000000
- Addressable market
- 9000000000
- Employees transferred
- 3000
- Net debt to ebitda pro forma
- 2.5x
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.