Acme United has made a bolt-on acquisition in the first aid category.
The US-based supplier has acquired the assets of Safety Made, a leading manufacturer of first aid kits for the promotional products industry, for an undisclosed price. Safety Made – which was founded in 2017 – generated revenue in 2021 of approximately $4.9 million and EBITDA of around $1.2 million.
The company is located in Keene (NH) and employs 24 people. Safety Made’s founders and management will be joining Acme.
“We believe the acquisition of Safety Made provides a platform to expand sales of personalized products to many of Acme United’s domestic and global customers,” said Acme CEO Walter Johnsen. “Although its primary business today is in first aid, we see opportunities in all our product ranges.”