About This Deal

Acme United acquired Hawktree Solutions, Inc., a transaction completed in September 2023.

Hawktree Solutions, Inc. operates in First aid & safety (Canada), is based in Near Montreal, Quebec, Canada. In September 2023 Acme United acquired Hawktree Solutions, Inc., which holds the exclusive license for first aid, safety and survival products carrying the Canadian Red Cross brand. Hawktree extends Acme's product line into disaster-response categories addressing fires, floods and earthquakes, and operates from Acme's facilities near Montreal. Terms were not disclosed.

Add a licensed disaster-response product line and expand Acme's Canadian business.

Exclusive Canadian Red Cross license for first aid/safety/survival products Expands Canadian first aid business and disaster-response categories Acme United Canada (Montreal-area facilities) Walter C. Johnsen, Q3 2023 earnings release: the business will operate from Acme's facilities near Montreal and open additional opportunities in the Canada business.

Deal Terms

Acquirer
Acme United
Target
Hawktree Solutions, Inc.
Value
Not disclosed
Date
September 2023
Type
Acquisition
Status
Ready

Transaction Details

Target HQ
Near Montreal, Quebec, Canada
Segment
First aid & safety (Canada)
Announced
September 1, 2023
Closed
September 1, 2023
Synergies
Expands Canadian first aid business and disaster-response categories

In Their Words

In September, we acquired Hawktree Solutions, Inc., which has the exclusive license for first aid, safety, and survival products with the Canadian Red Cross. Hawktree will expand our product line to address devastating fires, floods, and earthquakes.Walter C. Johnsen, Chairman and CEO, Acme United

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗ · SEC filing ↗

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