Brighton-Best International acquired Ironclad Performance Wear Corp. through an asset auction in bankruptcy court proceedings. BBI won the October 30 auction with a $25.5 million bid approved by the U.S. Bankruptcy Court.
Founded in 1998, Farmers Branch, TX-based Ironclad designs and manufactures task-specific PPE gloves for safety, construction and industrial markets. Web: Ironclad.com
“Bringing together BBI’s distribution and logistics capabilities with Ironclad’s strength in product design and marketing for gloves, BBI sees the best of both companies being able to work together to create something that is greater than the sum of its parts,” stated BBI president Jun Xu.
The deal comes days after BBI acquired Australia-based Koala Nails for an unspecified sum.
Owned by Ta-Chen International, BBI is a master distributor and importer supplying 7,000 distributors through 31 locations in six countries, including the U.S., Canada, Mexico, Brazil, Australia, New Zealand and the UK.
The company’s global headquarters is in Taiwan, and the U.S. headquarters is at 5855 Obispo Ave., Long Beach, CA 90805. Web: brightonbest.com
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