Jacksonville, Fla-based Cadre Holdings, which makes and sells safety gear for nuclear and military markets, recently announced a deal to buy several nuclear brands from a branch of Carr’s Group, plc for £75 million, which translates to roughly $93 million (U.S.).
Cadre, which trades on the New York Stock Exchange, is buying the Engineering Division, including Carr’s Engineering (U.S.) from the United Kingdom-based Carr’s Group, according to a Jan. 15 press release. Carr’s Engineering provides “bespoke equipment, vessels, precision components and remote handling systems,” according to its website.
Cadre representatives attended this week’s Nuclear Deterrence Summit in Arlington, Va. The company has customers involved in National Nuclear Security Administration and Department of Energy Office of Environmental Management work.
Cadre’s product lines include body armor, explosive ordnance disposal equipment, duty gear and nuclear safety products, according to the press release.