Global M&As in Personal Protective Equipment Sector Reveal New Growth Prospects
Mergers and acquisitions will increase in private equity firms for PPE in the next 5 years
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This research service covers mergers & acquisitions during the 2017 to 2021 time period. The report is broken down into manufacturers’ acquisitions, distributors’ acquisitions, and private equity firms’ acquisitions. Along with the analysis of the acquisitions, separate case studies have been provided for a few major companies.
Achieving international footprints has been one of the driving growth factors of M&A activities in recent years. For example, MSA Safety acquired Bristol Uniforms to enhance its footprint in Europe and complement its existing portfolio of protective clothing from the acquisition of Globe Manufacturing in 2017. Similarly, Uvex Safety acquired majority stakes in HexArmor in 2021 to boost its presence in North America.
End-user preference to procure all their PPE needs from one supplier has propelled the PPE manufacturers to go for portfolio-widening acquisitions, and become one-stop shops for consumers. For example, PIP’s acquisition of Paramount Safety in 2021 enhanced its product portfolio in the Oceania region and made it a complete head-to-toe supplier of PPE.
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