Safety Made Acquired by Consumer Products Company Acme United Corporation
Safety Made, Keene, New Hampshire, a leading supplier of first aid kits to the advertising specialty industry, recently announced that its assets have been acquired by consumer products company Acme United Corporation, also known as First Aid Only.
The two companies will work to support each other's businesses in various ways in their respective sales channels. Founded in 2018, Safety Made builds and designs private labeled/imprinted first aid kits for promotional use across several categories and themes, including first aid, golf, disaster/survival, outdoor, wellness and travel.
"Partnering with Acme gives us a competitive advantage in our industry by allowing us to leverage additional buying power and gain access to the many products that Acme manufactures," said Paul Dubois, CEO of Safety Made. "We will also be able to draw on Acme’s considerable buying power and technological resources, which will help improve our distributor partners experience by streamlining and accelerating production times. Long-term, I foresee Safety Made in a stronger position to support competitive pricing and greater access to Acme's deep inventory.”
Safety Made’s management team (including Dubois) and all its employees will continue to operate independently out of the company's Keene headquarters. Terms of the deal were not disclosed.
“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 Walter C. Johnsen, chairman and CEO of Acme United, according to Street Insider. “Although its primary business today is in first aid, we see opportunities in all our product ranges.”
The preceding press release was provided by a company unaffiliated with Promo Marketing. The views expressed within do not directly reflect the thoughts or opinions of Promo Marketing.