Protecting Industrial Merchandise (PIP) accomplished its beforehand introduced acquisition of Honeywell’s Private Protecting Gear (PPE) Enterprise.
The mixture broadens and strengthens PIP’s head-to-toe safety providing, protecting employee security, electrical security, listening to safety, head safety, respiratory, fall safety, eye safety, footwear, first support and first responder gear.
MDM’s 1Q25 M&A Report (retailer hyperlink)
As well as, the acquisition expands PIP’s international manufacturing and distribution footprint to roughly 50 nations and can improve provide chain and product improvement capabilities.
“In combining the strengths of each firms, we’re enthusiastic about creating an business chief that’s extra agile, extra modern and extra able to offering unmatched experience and repair to assist our prospects develop,” Curt Holtz, President and CEO of PIP, stated in a Could 22 information launch.
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Michael Garceau, President of the newly acquired PPE enterprise, will proceed to steer the enterprise, and can report on to Holtz.
“We look ahead to integrating the enterprise into PIP’s extensively revered tradition of entrepreneurship and customer support to develop our impression within the international PPE market,” Garceau stated.
