In a significant step towards its “growth journey”, Protective Industrial Products (PIP) has acquired Honeywell’s personal protective equipment (PPE) business.
The business includes globally recognised brands such as Fendall, Fibre-Metal, Howard Leight, Bisley Workwear, Puma Safety, Morning Pride, North, Oliver, and Salisbury, among others.
This expansion is set to deliver additional warehouses and jobs across Australia and New Zealand, with PIP intending on dramatically upscaling its local operations.
“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,” PIP president and chief executive officer Curt Holtz said.
“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.”
The acquisition will create a world-class portfolio of protective equipment and solutions through the addition of powerful brands and products that are highly complementary to PIP’s.
The combination broadens and strengthens PIP’s head-to-toe protection offering, covering worker safety, electrical safety, hearing protection, head protection, respiratory, fall protection, eye protection, footwear, first aid, and first responder equipment.
In addition, the acquisition expands PIP’s global manufacturing and distribution footprint to approximately 50 countries and will enhance supply chain and product development capabilities.
“This is an exciting new chapter for our team and our customers,” PIP’s Asia-Pacific CEO David Gazal said.
“The move will be a significant one in the APAC region and will allow us to dramatically upscale our operations and create additional employment opportunities.
“The strength of PIP’s offering has always been strong but this acquisition further cements our position as market leaders, enhances our product line and increases our global footprint.”