Acquisition Strengthens Mace® Brand Market Position and Growth Potential
CLEVELAND–(BUSINESS WIRE)–Mace Security International, Inc. (MSI) (OTCQX: MACE), a
globally-recognized leader in personal safety and security, announced
today the acquisition of the assets of Tornado Security Products, a
personal self-defense company based in Ferndale, Washington. The
acquisition was effective January 18, 2019.
“This transaction reinforces the Mace® Brand as the leader in the
less-lethal, personal self-defense product category, and gives both
brands access to new retail channels and partnerships,” said Gary
Medved, President and CEO of MSI. “Most importantly, it empowers us to
deliver even more best-in-class personal protection and security
products to our valued customers.”
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
About Mace® Security International, Inc.
Mace® Security International, Inc. is a globally recognized
leader in personal safety and security. Based in Cleveland, Ohio, the
company has spent more than 40 years designing and manufacturing
consumer and tactical products for personal defense, security and
surveillance under its world-renowned Mace® Brand – the
original trusted brand of defense spray products. The company also
offers aerosol defense sprays and tactical products for law enforcement
and security professionals worldwide through its Mace®
Take Down® brand. MSI distributes and supports Mace®
Brand products and services through mass market retailers, wholesale
distributors, independent dealers, e-commerce marketers and installation
service providers. For more information, visit www.mace.com.
Mace Security International, Inc.
Gary Medved, 440-424-5322
and Chief Executive Officer