PIP Global Holdings Inc has acquired Dynamic Safety Inc, a Laval, Québec-based maker of safety equipment and protective wear.
Terms weren’t disclosed. Dynamic President Claude Roberge, who founded the company in 2009, will remain actively involved. PIP Global’s Canadian affiliate will operate under Dynamic.
PIP Global, a Latham, New York-based supplier of consumable personal protective equipment, said the deal will build a stronger foundation for its business in Canada.
PIP Global is backed by Audax Private Equity. The U.S. private equity firm recapitalized the company last year.
Protective Industrial Products, Inc. Acquires Dynamic Safety Inc. in Canada
LATHAM, NY – June 28, 2019 – PIP Global Holdings Inc. (PIP Global), a leading global supplier of hand protection and general safety products, proudly announces the acquisition of DSI Safety Inc. (Dynamic Safety) headquartered in Laval, Canada. Led by veteran industry executive, Claude Roberge, Dynamic Safety is a leading supplier of Personal Protective Equipment in Canada, as well as a globally recognized manufacturer of hard hats, first aid kits, and other safety products.
“We have worked together with Claude and Dynamic for a long time,” explains, Joe Milot, President and CEO of PIP Global. “We are pleased that we can formally partner with the Dynamic Team and build a stronger foundation for our hand protection and safety business in Canada, while at the same time, we gain state-of the art manufacturing for hard hats and other safety products – right here in North America.”
Claude Roberge, current President and Founder of Dynamic Safety, furthers Joe Milot’s comments by saying, “Joining with PIP was a perfect choice for us. With gloves representing over 35% of the Safety market we have strengthened our ability to provide a complete PPE portfolio to our customers in Canada.” He concludes, “While I intend to remain actively involved, this partnership is an excellent opportunity for my executive management team to move into new expanded leadership roles.”
PIP Canada Ltd, PIP’s current Canadian entity, will be rolled up into this acquisition and operate under Dynamic Safety – selling hand and arm protection and other PPE products that meet CSA standards under the G-Tek®, Assurance®, Ambi-Dex®, ATG, Kut-Gard® Bouton and Maximum Safety® brands.
Based just outside of Montreal, Canada, the Dynamic Safety Laval head office and manufacturing plant will continue to as it is today and will become PIP’s Canadian headquarters.
ABOUT PIP GLOBAL HOLDINGS, INC
PIP Global’s mission of “Bringing the Best of the World to You®” is fulfilled everyday by way of its portfolio of companies and brands. Protective Industrial Products (PIP) is a leader in providing innovative safety products to distributors in the industrial channels. We provide the retail channel safety products and gloves under Westchester Protective Gear ®, along with our leading brands: Safety Works®, Maximum Safety®, Brahma®; Mud®; West County Gardener® and recently added Hearos®. Additional information about PIP Global is available at www.pipglobal.com.
Dynamic Safety International (Dynamic Safety) is a leading Canadian supplier/manufacturer of Safety products. It was founded with one main goal in mind, which is never to compromise on quality. From product design, manufacturing, to training our focus is to offer quality personal protective equipment that is safe, comfortable, reliable and competitively priced. Additional information about Dynamic is available at www.dynamicsafetyusa.com and www.dsisafety.com.