Latham & Watkins Advises Protective Industrial Products in Its Acquisition of Honeywell’s Personal Protective Equipment Business

Protective Industrial Products, Inc. (PIP®) has announced it has entered into a definitive agreement to acquire the Personal Protective Equipment Business (PPE Business) of Honeywell (NASDAQ: HON), along with its leading brands Fendall, Fibre-Metal, Howard Leight, KCL, Miller, Morning Pride, North, Oliver, Salisbury, UVEX, and others. PIP is a portfolio company of Odyssey Investment Partners, LLC.

Latham & Watkins LLP represents Protective Industrial Products in the transaction with a corporate deal team led by New York partners John Giouroukakis, Michael Vardanian, and Daniel Williams. 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 partner Jeffrey Tochner, with associate Pelin Serpin.