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Odyssey’s PIP Acquires Honeywell’s PPE Business

  • Protective Industrial Products (PIP), acquired the personal protective equipment (PPE) division of Honeywell for $1.3 billion.
  • PIP, owned by Odyssey Investment Partners, offers a wide range of PPE products including gloves, eye protection, respiratory protection, and more.
  • Founded in 1984, PIP is headquartered in New York and employs over 1,000 people with operations in multiple countries.
  • Honeywell's PPE business, now acquired by PIP, provides safety products to various sectors and is estimated to have revenues of $1.1 billion for 2024.

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