Lakeland Fire + Safety Completes Acquisition of Veridian
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Lakeland Fire + Safety has completed the acquisition of Veridian, enhancing its global fire services portfolio. The acquisition, valued at $25 million, is expected to add $21 million in annual revenue and builds on Lakeland's significant growth in fire services products.
December 16, 2024 | 9:30 pm
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Lakeland Fire + Safety has acquired Veridian for $25 million, expected to add $21 million in annual revenue. This acquisition supports Lakeland's significant growth in fire services products.
The acquisition of Veridian is a strategic move for Lakeland, expected to significantly enhance its fire services portfolio and add substantial revenue. This aligns with Lakeland's recent growth trajectory, suggesting a positive short-term impact on its stock price.
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