I.S.K. Industries acquires The Fleming Safety Group
Apr 17, 2012 (Datamonitor Financial Deals Tracker via COMTEX) --
I.S.K. Industries, Inc. (ISK), engaged in selling industrial hardware products to the industrial and consumer channels of distribution, has acquired The Fleming Safety Group (FSG), a marketer of Fire lights, hazmat suits, fire gloves, fire boots and emergency rescue equipment. Both the companies are based in the US.
Pursuant to the transaction, all the nine members of FSG team will join ISK.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Completed: 2012-04-16
Target (Company) The Fleming Safety Group
Acquirer (Company) I.S.K. Industries, Inc.
The transaction will allow ISK to create a complete package for suppliers seeking Industrial, Safety, and Fire Sales representation in the Midwest.
The combination of FSG's deep knowledge and penetration of the safety and fire channel with ISK's resources and experience will provide first class service to distribution.
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