Cadre Holdings to acquire Alpha Safety

February 23, 2024, 12:00PMNuclear News

Cadre Holdings, Inc. has announced that it has entered into a definitive agreement to acquire Alpha Safety Intermediate, LLC, the operating parent of Alpha Safety, a nuclear safety solutions company, for $106.5 million (excluding working capital and certain other adjustments on closing).

The transaction is anticipated to close in the first quarter of 2024, subject to the satisfaction of customary closing conditions.

Quote: “At the center of a global effort to ensure safe nuclear operations and hazardous waste handling, Alpha Safety has a long history of strong demand from the Departments of Energy and Defense, customers who prioritize performance, reliability, quality control and technical expertise,” said Warren B. Kanders, Cadre’s chairman and chief executive officer. “The business maintains leading positions across all its key product lines."

About: Founded in 1986, Alpha Safety is a global provider of technical products and services focused on radiation protection and safety in mission-critical operating environments. It offers a suite of capabilities, including ventilation and containment, engineered containers, field services and maintenance, advanced transportation containers, specialty filters, and radiometric instrumentation.

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