Acme United Corporation acquired My Medic, enhancing emergency product offerings and operations in North Salt Lake, Utah, for $18.7 million.
Quiver AI Summary
Acme United Corporation has acquired the assets of SLED Distribution, LLC, the parent company of My Medic, a prominent supplier of tactical and emergency response products. In 2025, My Medic generated approximately $19 million in revenue and employs 40 people in North Salt Lake, Utah. The acquisition, valued at $18.7 million, aims to leverage the combined strengths of both companies in marketing and distribution to enhance the reach of My Medic's life-saving products. Acme United plans to maintain My Medic's operations in Utah while expanding its offerings in the U.S. and Canada. The initial payment for the acquisition was $14.6 million, with additional payments contingent on future revenue milestones and indemnification claims. Further details about My Medic can be found on its website.
Potential Positives
- Acme United Corporation has expanded its portfolio by acquiring My Medic, a leading supplier of tactical and emergency response products, enhancing its market presence in the direct-to-consumer channel.
- The acquisition is expected to significantly increase the combined marketing, distribution, sourcing, and manufacturing capabilities of both companies, potentially boosting the reach and value of My Medic’s products.
- My Medic's existing extensive library of training videos and strong social media following could provide Acme United with valuable promotional resources and engagement opportunities in the sector.
- The transaction aligns with Acme United's strategy to strengthen its innovative safety solutions and could contribute to overall revenue growth, given My Medic's reported revenues of approximately $19 million in 2025.
Potential Negatives
- Acme United Corporation faces potential revenue challenges, as $4.1 million of the acquisition price for My Medic is subject to holdbacks based on performance milestones and indemnification claims, indicating uncertainty in future financial performance.
- The press release highlights several significant risks that could adversely affect the company's business operations, including global economic conditions, inflation, supply chain disruptions, and competition, which may raise concerns among investors.
- The company's reliance on forward-looking statements carries inherent risks; actual results may differ materially from expectations, which could impact investor confidence.
FAQ
What did Acme United Corporation announce on January 15, 2026?
Acme United Corporation announced the acquisition of the assets of SLED Distribution, LLC, known as My Medic.
How much did Acme United pay for My Medic?
The total purchase price for My Medic was $18.7 million, with an initial payment of $14.6 million at closing.
What specific products does My Medic offer?
My Medic is a leading supplier of tactical, trauma, and emergency response products primarily in the direct-to-consumer channel.
Where is My Medic located?
My Medic is located in North Salt Lake, Utah, and employs approximately 40 people.
How will Acme United enhance My Medic's operations?
Acme United plans to combine marketing, distribution, and manufacturing capabilities to expand My Medic's product offerings and reach.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ACU Revenue
$ACU had revenues of $49.1M in Q3 2025. This is an increase of 1.86% from the same period in the prior year.
You can track ACU financials on Quiver Quantitative's ACU stock page.
$ACU Hedge Fund Activity
We have seen 29 institutional investors add shares of $ACU stock to their portfolio, and 30 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 19,923 shares (+14.4%) to their portfolio in Q3 2025, for an estimated $820,429
- ROYAL BANK OF CANADA removed 10,997 shares (-36.7%) from their portfolio in Q3 2025, for an estimated $452,856
- CAPITAL MANAGEMENT CORP /VA removed 10,810 shares (-2.0%) from their portfolio in Q3 2025, for an estimated $445,155
- FIRST TRUST ADVISORS LP removed 10,647 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $438,443
- UBS GROUP AG added 9,839 shares (+108.6%) to their portfolio in Q3 2025, for an estimated $405,170
- LOS ANGELES CAPITAL MANAGEMENT LLC removed 9,801 shares (-64.7%) from their portfolio in Q3 2025, for an estimated $403,605
- ROYCE & ASSOCIATES LP removed 9,349 shares (-5.7%) from their portfolio in Q3 2025, for an estimated $384,991
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SHELTON, Conn., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that it has acquired the assets of SLED Distribution, LLC. (d/b/a “My Medic”), a leading supplier of tactical, trauma and emergency response products, primarily in the direct-to-consumer channel.
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My Medic had revenues in 2025 of approximately $19 million. Established in 2014, the company is located in North Salt Lake, Utah and employs 40 people.
Walter C. Johnsen, Chairman and CEO of Acme United, said, “We are delighted to welcome the management and team of My Medic to our Company. We believe the combined marketing, distribution, sourcing, and manufacturing capabilities of our two operations will greatly enhance the reach and value of My Medic’s life-saving products.
“My Medic has an extensive library of training videos and over 500,000 followers on its social media platforms. We believe its direct-to-consumer presence for trauma and emergency response products is the strongest in the United States. We intend to keep My Medic’s operations in North Salt Lake and to expand its product offering and distribution in the U.S. and Canada.”
The purchase price of the acquisition was $18.7 million. At closing, the Company paid $14.6 million to My Medic. The $4.1 million balance of the purchase price is subject to holdbacks as follows: (a) $1,000,000, the payment of which is contingent upon certain revenue milestones during the twelve months ended December 31, 2027; and (b) $3.1 million, which is subject to a holdback as a non-exclusive source of recovery primarily to satisfy indemnification claims under the Asset Purchase Agreement.
Further information on My Medic is available at its website www.mymedic.com .
ACME UNITED CORPORATION is a leading worldwide supplier of innovative safety solutions and cutting technology to the school, home, office, hardware, sporting goods and industrial markets. Its leading brands include First Aid Only ®, First Aid Central ®, Physicians Care ®, Spill Magic ®, Westcott ®, Clauss ®, DMT ®, Med-Nap , Safety Made and Elite . For more information, visit www.acmeunited.com .
Forward Looking Statements
The Company may from time to time make written or oral “forward-looking statements” including statements contained in this press release and in other communications by the Company, which are made in good faith pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on our beliefs as well as assumptions made by and information currently available to us. When used in this document, words like “may,” “might,” “will,” “except,” “anticipate,” “believe,” “potential,” and similar expressions are intended to identify forward-looking statements. Actual results could differ materially from our current expectations.
Forward-looking statements in this report, including without limitation, statements related to the Company’s plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties that may impact the Company’s business, operations and financial results.
These risks and uncertainties include, without limitation, the following: (i) changes in the Company’s plans, strategies, objectives, expectations and intentions, which may be made at any time at the discretion of the Company; (ii) the impact of uncertainties in global economic conditions, including the impact on the Company’s suppliers and customers; (iii) international trade policies and their impact on demand for our products and our competitive position, including the imposition of new tariffs or changes in existing tariff rates by the United States or foreign governments; (iv) the continuing adverse impact of inflation, including product costs, and interest rates; (v) potential adverse effects on the Company, its customers, and suppliers resulting from the conflicts in Ukraine and the Middle East; (vi) additional disruptions in the Company’s supply chains, whether caused by pandemics, natural disasters, including trucker shortages, strikes, port closures or otherwise; (vii) labor related costs the Company has and may continue to incur, including costs of acquiring and training new employees and rising wages and benefits; (viii) currency fluctuations; (ix) the Company’s ability to effectively manage its inventory in a rapidly changing business environment; (x) changes in client needs and consumer spending habits; (xi) the impact of competition; (xii) the impact of technological changes including, specifically, the growth of online marketing and sales activity; and (xiii) the Company’s ability to manage its growth effectively, including its ability to successfully integrate any business it might acquire; and (xiv) other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission.
| CONTACT: | Paul G. Driscoll | Acme United Corporation | 1 Waterview Drive | Shelton, CT 06484 |
| Phone: (203) 254-6060 | FAX: (203) 254-6521 |