Pelican Products acquired longtime competitor Hardigg Industries, a leading manufacturer of roto-molded protective cases, based in South Deerfield, Mass.
The transaction, valued at approximately $200 million, is believed to be the largest acquisition in the history of the protective case industry, according to Pelican, which was supported in the acquisition by private equity group Behrman Capital.
Pelican Products is a leader in the design and manufacturing of advanced lighting systems and cases for protecting equipment.
Together, the new entity will employ more than 1,500 employees. Pelican Products will operate in 12 countries, have 22 offices globally and maintain six manufacturing locations throughout Europe and North America.
The Hardigg name will continue to identify the company’s high-end roto-molded shipping cases, leveraging the brand recognition of Hardigg.
Jamie Hardigg, chairman of Hardigg Industries, plans to cease his day-to-day management responsibilities, but will serve as a member of the board of directors for Pelican Products.
John Padian will continue to manage the Pelican organization as COO of Pelican Products and Bill Hamer will continue as COO of Hardigg Industries. Both will report to Lyndon Faulkner, president and CEO of the Pelican Corporation.
This article originally appeared in the March 2009 issue.