Lakeland Industries’ Acquires Pacific Helmets
Lakeland Industries, a provider in protective clothing for various industries, announced the strategic acquisition of Pacific Helmets NZ Limited, a New Zealand-based innovator in safety helmet design and manufacturing. This all-cash transaction, valued at approximately $8.5 million, marks a significant expansion of Lakeland’s fire services portfolio, integrating Pacific’s advanced helmet technologies and broad product range into its offerings. About the Acquisition Strategic Expansion: The acquisition signifies a major milestone in Lakeland’s global fire services expansion, enhancing its product range with Pacific’s leading safety helmets for structural and wildland firefighting, as well as rescue operations. Complementary Fit: Pacific’s diverse product line and established market presence make it a highly complementary addition to Lakeland’s existing fire service business. This move not only broadens Lakeland’s product offerings but also extends its geographical reach, particularly in Australia and New Zealand. Business Synergies: The integration of Pacific’s innovative products is expected to generate significant cross-selling opportunities across Lakeland’s global sales and distribution channels, leveraging both companies’ strengths. About Pacific Helmets Industry Leadership: With over 40 years in the industry, Pacific Helmets stands as a leader in designing and manufacturing a wide array of safety helmets. Employing 70 people, the company operates from its headquarters in Whanganui, New Zealand. Innovative Range: Pacific boasts the largest range of helmet models and styles internationally, known for their proprietary fiberglass-based shell construction, which differs from competitors’ injection molding methods. To read more articles, see our last issue here. Never miss a story… Follow us on: International Fire Buyer @Firebuyer Fire Buyer Media Contact Rebecca Spayne Managing Editor, International Fire Buyer Tel: +44 (0) 1622 823 920 Email: editor@firebuyer.com
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