Lakeland Industries closes $46M offering, completes four acquisitions, appoints new executives

LAKELAND INDUSTRIES INC

Closed oversubscribed $46M public equity offering; expects ~$2.5M annual cash interest savings from debt repayment.
Completed four accretive fire-protection acquisitions: Pacific Helmets, Jolly Scarp, LHD, and Veridian in FY2025.
Appointed Barry Phillips CRO, Cameron Stokes CCO Global Industrial, and Laurel Yartz CHRO.
Jim Jenkins now President/CEO/Executive Chairman; company targets further M&A in fire decontamination services.

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