Latham & Watkins Advises Protective Industrial Products on Completed Acquisition of Honeywell’s Personal Protective Equipment Business
Protective Industrial Products, Inc. (PIP®) announced the completion of its acquisition of Honeywell’s (NASDAQ: HON) Personal Protective Equipment (PPE) Business. The acquired business includes globally recognized brands such as Fendall™, Fibre-Metal™, Howard Leight™, KCL™, Miller™, Morning Pride™, North™, Oliver™, Salisbury™, and others. PIP is a portfolio company of Odyssey Investment Partners, LLC.
Latham & Watkins LLP represented Protective Industrial Products in the transaction with a corporate deal team led by New York partners John Giouroukakis, Michael Vardanian, and Daniel Williams, with associates Grant Steiger, William Anderson, and Reina Kern. Advice was also provided on debt finance matters by New York partner Joshua Tinkelman and Boston partner Alex Harris; on preferred equity finance matters by New York partners Stelios Saffos, Pete Sluka, and Salvatore Vanchieri; on compensation and benefits matters by New York partners Bradd Williamson and Megan Alessi; on tax matters by New York partner Jocelyn Noll and Houston partner Jared Grimley; and on intellectual property matters by New York partners Jeffrey Tochner and Pelin Serpin.