Lakeland completes two PPE service acquisitions for $9.5M; ~$5M recurring revenue

LAKELAND INDUSTRIES INC

Total consideration $9.5M: $4M cash for Arizona PPE; $5.5M ($3.4M stock + $2.1M cash) for California PPE.
Combined companies generate ~$5M annual recurring revenue from decontamination, inspection, repair, and rental of firefighting PPE.
Founders Scott & DeAnna Petersen remain at Arizona PPE; Mike Glaze stays as California PPE President and will lead U.S. service expansion.
Acquisitions expand Lakeland's fire service footprint in North America, complementing existing LHD services in Asia and Australia.

item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.