Honeywell is selling its barcode scanner business

Honeywell has agreed to sell its Productivity Solutions and Services unit to Brady Corporation in an all-cash deal worth $1.4 billion. The business makes mobile computers, barcode scanners, printers, and workflow tools used in warehouses, logistics centers, and industrial operations.  

The sale is part of Honeywell’s broader restructuring strategy as it narrows its focus to core businesses such as aerospace, automation, and advanced materials. The company has been trimming non-core assets ahead of a planned breakup into more specialized standalone businesses.  

For Brady, the acquisition is transformative. The company, known for labels, safety products, and industrial identification systems, gains a much larger presence in warehouse technology and data-capture hardware. Brady expects the deal to boost adjusted earnings by double digits within the first year after closing.  

The transaction is expected to close in the second half of 2026, subject to customary approvals.