National Safety Apparel, LLC /
Lakeland Industries, Inc.
Lakeland sells high-visibility and flame-resistant workwear to National Safety Apparel




Source for the buyer and target: Lakeland Industries Inc
For the buyer and target.
“On March 27, 2026, Lakeland Industries, Inc. (the “Company”) and National Safety Apparel, LLC (the “Buyer”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company agreed to sell, and the Buyer agreed to acquire certain assets and assume certain liabilities related to the Company’s high-visibility and high-performance workwear styles consisting of ANSI-compliant high-visibility apparel and arc-rated and flame-resistant technical garments (the “Business”).”
Published 30 Mar 2026
Open the sourceWhat happened
Lakeland Industries agreed to sell its high-visibility and high-performance workwear business to National Safety Apparel, LLC under an asset purchase agreement dated March 27, 2026. The sale was for $14.0 million, with part of the price held in escrow for inventory adjustments and indemnification obligations. [01]
The transaction closed the same day, and Lakeland said the divestiture lets it concentrate on its fire services and core industrial PPE business. Terms beyond the purchase price and escrows weren't disclosed. [01]
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Lakeland sells high-visibility and flame-resistant workwear to National Safety Apparel
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Announced
“Lakeland sells high-visibility and flame-resistant workwear to National Safety Apparel Lakeland Industries agreed to sell its high-visibility and high-performance workwear business to National Safety Apparel, LLC unde…”
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