Protective Industrial Products Completes Acquisition of Honeywell’s Personal Protective Equipment Business, Strengthening Global Safety Leadership
Protective Industrial Products, Inc. (PIP®), a leading supplier of personal protective equipment, has officially completed the acquisition of Honeywell’s (NASDAQ: HON) Personal Protective Equipment (PPE) business. This significant acquisition brings a collection of well-known, globally respected brands into PIP’s portfolio, including Fendall™, Fibre-Metal™, Howard Leight™, KCL™, Miller™, Morning Pride™, North™, Oliver™, Salisbury™, and others. As a portfolio company of Odyssey Investment Partners, LLC, PIP is now positioned to become an even more influential player in the global PPE industry.
Building a World-Class PPE Portfolio
The integration of Honeywell’s PPE business marks a pivotal step forward for PIP, creating a world-class portfolio that expands and enhances its product offerings across a broad spectrum of worker safety categories. The combination of PIP’s existing brands with Honeywell’s assets brings together a complementary mix of products designed to provide head-to-toe protection for workers in a variety of industries worldwide.
This acquisition notably broadens PIP’s ability to serve worker safety needs with enhanced solutions that cover electrical safety, hearing protection, head protection, respiratory protection, fall protection, eye protection, footwear, first aid, and first responder equipment. By merging these brands, PIP can now deliver a comprehensive range of protective solutions under one umbrella, offering customers unmatched convenience, innovation, and service.
Expanded Global Reach and Manufacturing Capabilities
Beyond the product portfolio, the acquisition significantly expands PIP’s global manufacturing and distribution footprint. With operations now reaching approximately 50 countries worldwide, PIP gains enhanced access to new markets and customer segments. This broader geographic presence not only increases PIP’s ability to meet the localized needs of customers but also strengthens its supply chain resilience and product development capabilities.
The added manufacturing scale allows PIP to optimize production efficiencies and accelerate innovation across its portfolio. With a larger footprint, the company expects to better manage supply chain dynamics, reduce lead times, and improve responsiveness to customer demands, all while continuing to maintain high standards for quality and reliability.
Leadership Perspectives on the Acquisition
Curt Holtz, President and CEO of PIP, expressed his enthusiasm about the strategic value this acquisition brings to the company and the industry at large. “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,” Holtz said.
He emphasized the company’s consistent vision over the past four decades: “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.”
Holtz also highlighted the synergy created by combining the strengths of both companies: “In combining the strengths of both companies, we are passionate about creating an industry leader that is more agile, more innovative, and more capable of providing unmatched expertise and service to help our customers grow. We are eager to welcome our new employees to the PIP Global Safety family and look forward to working together to best serve our customer’s needs.”
Michael Garceau, President of the newly acquired PPE business, will continue to lead the unit and report directly to Mr. Holtz. Garceau shared his excitement about the future: “This is an exciting new chapter for our team and our customers. PIP has a long-standing commitment to safety, service, and innovation, and over 40 years of experience delivering best-in-class products to customers by working closely with them to meet their needs.”
He added, “We look forward to integrating the business into PIP’s widely respected culture of entrepreneurship and customer service to expand our impact in the global PPE market. Together, we will leverage our combined expertise to continue delivering innovative solutions that protect workers and enable businesses to operate safely and efficiently.”
Support from Odyssey Investment Partners
Craig Staub, Senior Managing Principal at Odyssey Investment Partners, the private equity firm backing PIP, also underscored the significance of this acquisition. “The completion of this transformational acquisition is an important milestone for PIP, its customers and its employees around the world,” Staub said. “We are thrilled to support the PIP management team as they build the value of the expanded platform and its world-class brand portfolio.”
A Transformational Step for the PPE Industry
This acquisition represents more than just a transaction; it is a strategic consolidation that positions PIP as a global leader in the Protective PPE market. By combining two highly respected organizations with complementary product lines and shared values centered on safety and customer service, PIP is set to drive innovation and deliver even greater value to its customers.
In an era where worker safety and compliance have never been more critical, having a single source that offers a comprehensive range of protective products—from headgear to footwear, respiratory equipment to fall protection—streamlines the procurement process for customers and provides assurance of quality and reliability.
Moreover, PIP’s enhanced global manufacturing footprint and strengthened supply chain capabilities ensure the company can meet the evolving demands of industries ranging from construction and manufacturing to energy, utilities, and emergency response. This broad and deep market coverage allows PIP to be more responsive to industry trends and regulatory changes worldwide.
With the completion of this acquisition, PIP embarks on a new phase of growth and innovation. The company’s leadership is committed to leveraging the strengths of its expanded portfolio and workforce to continue developing cutting-edge PPE solutions that protect workers and enhance workplace safety.
Employees from Honeywell’s PPE business will be integrated into the PIP Global Safety family, fostering collaboration and driving a shared Protective commitment to service excellence and product innovation. Customers can expect the continuation of trusted relationships and access to a wider array of products and support services.
In summary, the acquisition of Honeywell’s PPE business marks a defining moment for Protective Industrial Products, signaling the Protective company’s ambition to be the foremost global provider of personal protective equipment. With a strong brand portfolio, expanded global presence, and a dedicated leadership team, PIP is well-positioned to meet the safety challenges of tomorrow, helping customers protect their most valuable asset—their people.
