Honeywell, Morris Township, NJ, has agreed to buy Norcross Safety Products L.L.C., Oak Brook, IL, a manufacturer of Personal Protective Equipment (PPE), for $1.2 billion.
Norcross, majority owned by Odyssey Investment Partners, manufactures protective and safety equipment for the fire service, utility and general industrial worker segments.
Norcross will be integrated into Honeywell Life Safety, part of Honeywell’s Automation and Control Solutions (ACS) group. Norcross’s revenue was $609 million in 2007.
This acquisition creates an exciting adjacency for Honeywell Life Safety -especially our Fire Systems and Gas Detection businesses, which share common distribution channels with Norcross. We expect strong sales synergies across Honeywell …
