Lakeland sells HPFR & HiViz product line to NSA for $14.0M

LAKELAND INDUSTRIES INC

Sale of high-performance flame-resistant and high-visibility apparel business closed March 27, 2026.
Purchase price of $14.0M subject to $400K inventory escrow and $1.0M indemnification escrow.
Proceeds to support balance sheet and fire services growth strategy; buyer National Safety Apparel.
Lakeland will provide transitional support under services agreement for orderly customer handoff.
Divestiture aligns with focus on fire services and core industrial PPE, following recent acquisitions.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LAKELAND INDUSTRIES INC entered into Purchase Agreement with National Safety Apparel, LLC valued at $14.0 million (effective 2026-03-27).

Action: entry
Agreement: asset purchase
Counterparty: National Safety Apparel, LLC
Value: $14.0 million
Effective: 2026-03-27

Exact text from the filing

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”)

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LAKELAND INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0001193125-26-130491

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