---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-015596"
form_type: "8-K"
ticker: "LAKE"
cik: "0000798081"
company_name: "LAKELAND INDUSTRIES INC"
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T03:12:16.086683+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lakeland Industries acquires Veridian for $25M; expands fire services

## Summary
- Acquired Veridian for ~$25M cash, funded via credit facility; adds ~$21M annual revenue and 150 employees.
- Veridian designs and manufactures firefighter protective apparel including garments, gloves, and boots.
- Credit facility amended: revolving line increased to $60M through Jan 2026, maturity extended to Dec 2029.
- Acquisition expected to be immediately accretive; strengthens U.S. manufacturing and cross-sell opportunities.
- Veridian's former owner Bill Van Lent remains as president of the business post-close.

## SEC filing metadata
- accession: 0001654954-24-015596
- form_type: 8-K
- ticker: LAKE
- cik: 0000798081
- company_name: LAKELAND INDUSTRIES INC
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798081/000165495424015596/0001654954-24-015596-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798081/000165495424015596/lake_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-015596
- JSON: https://secwatch.observer/filing/0001654954-24-015596.json
- Plain text: https://secwatch.observer/filing/0001654954-24-015596.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.