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Mace Security International Strengthens Market Position with Acquisition of Tornado Security Products
Monday 11 February 2019

11 February 2019 - Ohio, US-based personal safety and security provider Mace Security International, Inc. (OTCQX: MACE) (MSI) has acquired the assets of Washington, US-based personal self-defense company Tornado Security Products, the company said.
The acquisition was effective January 18, 2019.
Terms of the transaction were not disclosed.
MSI said this transaction reinforces the Mace Brand as a leader in the less-lethal, personal self-defense product category, and gives both brands access to new retail channels and partnerships.
The Tornado brand and its associated product lines, including pepper sprays, stun guns and bear sprays for individuals and law enforcement, will be integrated into the Mace Brand family.
The acquisition is expected to have a positive financial impact within the first year of the transaction.
Mace Security International, Inc. has spent more than 40 years designing and manufacturing consumer and tactical products for personal defense, security and surveillance.
Date Published: 11/02/2019
Target: Tornado Security Products
Country: USA
Sector: Aerospace/Defence
Type: Corporate acquisition
Status: Closed
Buyer: Mace Security International
Terms of the deal were not disclosed