Lakeland Industries completes acquisition of LHD Group for $16.3M

LAKELAND INDUSTRIES INC

All-cash acquisition of LHD Group fire & rescue business valued at ~$16.3M, subject to adjustments; LHD had ~$27M in annual revenue.
Adds 111 employees across Germany, Australia, Hong Kong; expands global fire services market presence.
Acquisition expected to be immediately accretive; LHD's management and workforce will remain in place.
Lakeland issued updated FY2025 guidance reflecting integration; specific numbers not disclosed in release excerpt.

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