Protective Industrial Products, Inc., a leading global personal protective equipment firm, announced the completion of its acquisition of Honeywell’s personal protective equipment business. The acquired business includes globally recognized brands such as Fendall™, Fibre-Metal™, Howard Leight™, KCL™, Miller™, Morning Pride™, North™, Oliver™, Salisbury™, and others. The combination broadens and strengthens PIP’s head-to-toe protection offering. 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.
Paksoy is pleased to announce that a team led by partner Elvan Aziz and senior associate Sabri Kaya together with associates Lale Ayrancıoğlu and Sabahattin Öztemiz acted as Turkish counsel to Protective Industrial Products in this transaction, along with Latham & Watkins as global counsel.
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