The Safariland Group Acquires Mustang Survival

The Safariland Group Acquires Mustang Survival

ID: 242849

Acquisition Marks The Safariland Group's Entrance Into Marine and Aviation Industries


(firmenpresse) - JACKSONVILLE, FL -- (Marketwire) -- 03/25/13 -- The Safariland Group (the "Company"), a leading manufacturer of protective products and equipment primarily for law enforcement and the military, has acquired Mustang Survival and its related entities, Mustang Survival Inc. and Mustang Survival Mfg., Inc. (collectively, "Mustang Survival").

Mustang Survival is the North American market leader in lifesaving equipment for recreational, military, law enforcement and industrial users in the marine and aviation environments. For more than 45 years, Mustang Survival has been transforming innovative ideas and technologies into high-quality and practical lifesaving products such as inflatable personal flotation devices, flotation clothing, dry suits, anti-g suits and a wide range of products to protect serious users in extreme environments.

"We are excited to be bringing together two companies that are both committed to saving lives as a part of their core mission," said Scott O'Brien, president of The Safariland Group. "Mustang Survival's history of lifesaving marine and aviation equipment has presented unique growth opportunities for our company, especially as we aim to broaden our suite of products that help save lives."

The Safariland Group, acquired by an affiliate of Kanders and Company, Inc. in July 2012, is globally expanding its current brands while pursuing acquisitions aligned with its mission of "Together, We Save Lives." Mustang Survival represents the Company's first acquisition in the marine and aviation industries.

Mustang President Jim Hartt, who will continue in his current role, commented: "Joining forces with The Safariland Group represents an important step in the global expansion of the Mustang Survival brand. We expect to leverage their resources to further drive our innovation in new product development and to take our products to a new level of performance as we expand the reach of our safety equipment to new customers, markets and applications."





Established in 1967 by Irv Davies, the inventor of the world's first Floater™ Coat, Mustang Survival has been designing and manufacturing lifesaving solutions for more than 45 years. Through constant innovation and the application of new technologies, Mustang Survival is the leading supplier of quality flotation and personal protective equipment to the most demanding users -- from recreational and commercial mariners to the Coast Guard, law enforcement and fighter pilots. Headquartered in Burnaby, BC, Canada, Mustang Survival has more than 400 associates across the US and Canada. For more information, please visit
.

The Safariland Group is a premier global provider of trusted, innovative, high-quality law enforcement and security products for the public safety, military and outdoor/personal protection markets. Offering many of the world's most recognizable names in these markets, principal brands include Safariland®, ABA®, Second Chance®, Bianchi® and Break Free®. Forensics brands include Identicator® and NIK®. The Safariland Group's mission, , is inherent in the lifesaving products it delivers. The Safariland Group has its headquarters in Jacksonville, FL. For more information about The Safariland Group and its brands, please visit .

The Safariland Group is the trade name of Safariland, LLC.




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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 25.03.2013 - 20:04 Uhr
Sprache: Deutsch
News-ID 242849
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