Lakeland Industries Enhances Its Global Fire Protection Business with the Acquisition of Eagle Technical Products

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Dec 06, 2022

HUNTSVILLE, AL / ACCESSWIRE / December 5, 2022 / Leading global protective apparel manufacturer Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland") announced today the acquisition of UK-based Eagle Technical Products Limited ("Eagle") in an all-cash transaction valued at approximately $10.8 million subject to post-closing adjustments and potential future earnout payments. The acquisition enhances Lakeland's product portfolio, particularly within fire service protective clothing and expands its sales presence in the Middle East and Europe.