PIP Completes Acquisition of Honeywell’s PPE Business, Expanding Global Safety Portfolio
The acquisition brings iconic PPE brands under PIP’s umbrella and expands its reach to 50 countries.
- By Stasia DeMarco
- May 28, 2025
Protective Industrial Products, Inc. (PIP®) announced the completion of its acquisition of Honeywell’s (NASDAQ: HON) Personal Protective Equipment (PPE) business, in a move that significantly expands PIP’s global safety portfolio and operational footprint.
The acquisition includes a suite of globally recognized PPE brands such as Fendall™, Fibre-Metal™, Howard Leight™, KCL™, Miller™, Morning Pride™, North™, Oliver™, and Salisbury™, further bolstering PIP’s head-to-toe safety solutions for industries ranging from construction and manufacturing to utilities and emergency services.
PIP, a portfolio company of Odyssey Investment Partners, LLC, said the transaction enhances its capabilities in worker, electrical, hearing, head, respiratory, fall, and eye protection, as well as first aid and first responder equipment. The deal also expands PIP’s global reach to approximately 50 countries and strengthens its supply chain and product development infrastructure.
“This acquisition is an exciting moment for PIP and our industry,” said Curt Holtz, President and CEO of PIP. “It significantly enhances our product offerings, geographic reach, and manufacturing capabilities. Over our 40-year history, our vision of bringing the best in the world to our customers has remained unchanged. We are passionate about creating an industry leader that is more agile, more innovative, and more capable of delivering unmatched expertise and service.”
Holtz also welcomed the integration of new employees into the company. “We look forward to working together to best serve our customers’ needs,” he said.
Michael Garceau, President of the newly acquired PPE business, will continue to lead the unit and report directly to Holtz. “This is an exciting new chapter for our team and our customers,” Garceau said. “We look forward to integrating with PIP’s culture of entrepreneurship and customer service to expand our impact in the global PPE market.”
Craig Staub, Senior Managing Principal at Odyssey Investment Partners, called the deal “an important milestone” for PIP. “We are thrilled to support the PIP management team as they build the value of the expanded platform and its world-class brand portfolio,” he said.
About the Author
Stasia DeMarco is the Content Editor for OH&S.