Monitor for regulatory approval and closing of the transaction in the second half of 2026. The acquisition is expected to be immediately accretive to earnings and provide significant cost synergies, which could drive positive sentiment and stock performance. Watch for updates on integration progress and synergy realization.
Price Chart
Executive Summary
Brady Corporation (BRC) has entered into a definitive agreement to acquire Honeywell's Productivity Solutions and Services (PSS) business for $1.4 billion in cash. The acquisition, expected to close in the second half of 2026, adds a scaled productivity solutions platform with strong positions in key verticals and is immediately double-digit accretive to adjusted diluted EPS.
Key Financial Metrics
Key Facts
- Brady Corporation is acquiring Honeywell's Productivity Solutions and Services (PSS) business for $1.4 billion in cash.
- The transaction is expected to close in the second half of 2026, subject to regulatory approvals and customary closing conditions.
- The acquisition is expected to be immediately double-digit accretive to adjusted diluted EPS.
- Brady expects to achieve a minimum of $25 million in annual run-rate cost synergies within three years of closing.
- The PSS business generated sales of approximately $1.1 billion in 2025 and has approximately 3,000 employees globally.
- The transaction will be funded with cash on hand and new debt financing.
Financial Impact
The acquisition of Honeywell's PSS business for $1.4 billion is expected to be immediately double-digit accretive to adjusted diluted EPS and generate $25 million in annual run-rate cost synergies within three years.
Risk Factors
- Failure to achieve the expected transaction synergies on the timeline indicated or at all.
- The risk that the transaction and its announcement could have an adverse effect on the ability of the Company and the PSS business to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers.
- Increased cost of materials, labor, material shortages and supply chain disruptions, including as a result of tariffs or other impacts of the global trade environment.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000746598-26-000014 |
| Exhibit: exhibit991pressrelease-202.htm | 0000746598-26-000014 |
| Document: brc-20260420.htm | 0000746598-26-000014 |
| Document: 0000746598-26-000014-index-headers.html | 0000746598-26-000014 |
| Document: 0000746598-26-000014-index.html | 0000746598-26-000014 |
| Document: 0000746598-26-000014.txt | 0000746598-26-000014 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | 8-K/A | $81.93 | awaiting T+60 | — | $81.98 (+0.06%) |
Oct 6, 2026 20d ago | 144 | $85.11 | awaiting T+60 | — | $81.98 (−3.68%) |
Oct 6, 2026 20d ago | 144 | $85.11 | awaiting T+60 | — | $81.98 (−3.68%) |
Sep 3, 2026 7w ago | 8-K | $90.34 | awaiting T+60 | — | $81.98 (−9.25%) |
Sep 3, 2026 7w ago | Press Release | $90.34 | awaiting T+60 | — | $81.98 (−9.25%) |
Sep 2, 2026 7w ago | Press Release | $90.34 | awaiting T+60 | — | $81.98 (−9.25%) |
Aug 22, 2026 9w ago | Institutional Cluster | $94.38 | awaiting T+60 | — | $81.98 (−13.14%) |
Aug 21, 2026 9w ago | Press Release | $91.29 | awaiting T+60 | — | $81.98 (−10.20%) |
Jun 18, 2026 18w ago | 8-K | $85.31 $86.44 | ▲ +1.32% | ▼ −0.57% | $81.98 (−3.90%) |
Jun 11, 2026 19w ago | Insider Buy | $81.17 $90.21 | ▲ +11.14% | ▲ +6.74% | $81.98 (+1.00%) |
US Market Status
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