Cadre Holdings Acquires Stock of Italian Duty Gear Brand Radar Leather Division.
MANews-(C)2009-2021
Florida, US-based first responder safety equipment manufacturer Cadre Holdings, Inc. (NYSE: CDRE) has agreed to acquire the stock of Italian duty gear brand Radar Leather Division S.r.l. from a leadership team of Pietro and Paolo Pellegrini, the company said.
Terms of the transaction were not disclosed.
Pietro Pellegrini, CEO of Radar, and Paolo Pellegrini, vice president of Radar, will remain with the business and partner with the team at Cadre to further grow and develop the business alongside Cadre's wholly owned subsidiary, Safariland LLC.
Cadre is a manufacturer and distributor of safety and survivability products for first...
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