Odyssey Investment-backed Protective Industrial Products to acquire the PPE Business from Honeywell for $1.325bn.

Odyssey Investment-backed Protective Industrial Products, a provider of a wide range of personal protective equipment, agreed to acquire the personal protective equipment Business from Honeywell, a multinational conglomerate, for $1.325bn. “We are delighted to welcome these brands, capabilities and new employees into PIP with the acquisition of Honeywell’s PPE Business, which is highly complementary to our business. The combination of our expanded portfolio of brands and enhanced geographic reach will enable us to offer more growth opportunities for our valued customers around the world,” Curt Holtz, PIP President and CEO.