WBD Assists Honeywell with Sale of PPE Business

Womble Bond Dickinson assisted Honeywell (NASDAQ: HON) with the sale of its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. (PIP), a portfolio company of Odyssey Investment Partners, for $1.325 billion in an all-cash transaction. The transaction will enable Honeywell to further simplify its portfolio in order to accelerate value creation in alignment with three compelling megatrends: automation, the future of aviation and energy transition. Honeywell’s PPE business, part of the Industrial Automation business portfolio, is a global provider of PPE for industrial workers, offering a comprehensive and differentiated product portfolio that serves a diverse and resilient set of growing customers and end markets.

Read the transaction press release

The WBD team was led by M&A partner Sarah Wilk (Boston), with support from Tara Gorman (Real Estate, D.C.), Patrick Allen (Employee Benefits, Winston-Salem), Patrick Spaugh (Litigation, Charlotte), Ted Claypoole (IP Transactions, Atlanta), Sara Bauer (Trademark and Copyrights, Boston), Shelby Martin (M&A, D.C.), Alan Enslen and Andrew Tuggle (Trade Compliance, D.C. and Huntsville), Tara Cho (Data Privacy, Raleigh), and Mike Cashin (Tax, Winston-Salem).