Acme United Closes Biggest Acquisition To Date

Core Viewpoint - Acme United Corporation has made a significant strategic move by acquiring the assets of SLED Distribution, LLC, known as "My Medic," marking the largest acquisition in the company's history and enhancing its position in the tactical, trauma, and emergency response products market [1] Company Overview - My Medic, founded in 2014, is a prominent supplier of life-saving medical kits and emergency preparedness products, generating approximately $19 million in revenue in 2025 and employing about 40 people in North Salt Lake, Utah [2] - The current management team of My Medic will remain post-acquisition, ensuring continuity in leadership and brand vision [2] Marketing and Operations - My Medic's operations in Utah are vertically integrated, featuring a large marketing department, in-house production studio, accounting team, and assembly and warehouse operations, supporting a robust digital strategy with over 500,000 social media followers [3] - Approximately 80% of My Medic's sales come from direct-to-consumer channels, which typically offer higher margins compared to traditional distribution methods [5] Strategic Intent - Acme United aims to leverage My Medic's strong D2C presence by introducing its product line into retail channels, where Acme already has a strong footprint, potentially creating new growth opportunities [7] - The acquisition is expected to combine the marketing, distribution, sourcing, and manufacturing strengths of both companies, enhancing the reach and value of My Medic's products [6] Financial Details - The total purchase price for the acquisition was $18.7 million, with Acme United paying $14.6 million at closing and the remaining $4.1 million subject to holdbacks based on revenue milestones and potential indemnification claims [8] Conclusion - The acquisition of My Medic represents a milestone for Acme United, aiming to accelerate growth, expand margins, and broaden access to critical emergency and trauma response products [9]