Odyssey Investment-backed Protective Industrial Products completed the acquisition of the PPE business from Honeywell for $1.325bn.

Odyssey Investment-backed Protective Industrial Products, a provider of a wide range of personal protective equipment, completed the acquisition of the personal protective equipment business from Honeywell, a multinational conglomerate, for $1.325bn. “This acquisition is an exciting moment for PIP and our industry that will enable us to offer more growth opportunities for our valued customers around the world by significantly enhancing our product offerings, geographic reach, and manufacturing capabilities. Over our 40-year history, PIP’s vision of bringing the best in the world to our customers has remained unchanged and this marks another important step. We will continue our unrelenting focus to serve as a trusted partner to customers by listening to their needs and delivering comprehensive, creative solutions that best achieve their goals," Curt Holtz, PIP President and CEO.