Acme United Closes Biggest Acquisition To Date

Acme United Corporation (US: ACU – $42.27) has taken a major strategic step with the acquisition of the assets of SLED Distribution, LLC, which operates under the brand name “My Medic.” The transaction represents the largest acquisition in Acme United’s history to date and significantly strengthens the Company’s position in the growing market for tactical, trauma, and emergency response products.

Founded in 2014, My Medic is a leading supplier of life-saving medical kits and emergency preparedness products, with a strong emphasis on the direct-to-consumer (D2C) channel. The company generated approximately $19 million in revenue in 2025 and is headquartered in North Salt Lake, Utah, where it employs about 40 people. Importantly, Acme United confirmed that My Medic’s current management team will remain in place following the acquisition, ensuring continuity of leadership and brand vision.

Marketing Powerhouse

My Medic’s Utah operations are robust and vertically integrated. The facility includes a large marketing department with an in-house production studio, an accounting team, and an assembly and warehouse operation. This infrastructure has supported the company’s highly effective digital strategy, which includes an extensive library of training videos and a social media following exceeding 500,000 followers across platforms.

Approximately 80% of My Medic’s sales are generated through direct-to-consumer channels. While specific margin figures were not disclosed, D2C sales typically carry higher margins than traditional wholesale or retail distribution. It’s fair to assume that these margins can be further enhanced through Acme’s own direct sourcing capabilities, global supply chain expertise, and manufacturing scale.

Walter C. Johnsen, Chairman and CEO of Acme United, expressed enthusiasm about the acquisition, stating that the combination of the two companies’ marketing, distribution, sourcing, and manufacturing strengths will significantly expand the reach and value of My Medic’s products. Acme United plans to keep My Medic’s operations in North Salt Lake and to invest in expanding both its product offerings and its geographic reach in the United States and Canada.

Strategically, Acme United sees substantial opportunity to complement My Medic’s strong D2C presence by introducing the brand’s product line into retail channels. This is an area where Acme United already has a well-established and powerful footprint, potentially opening a new growth avenue for My Medic beyond its core online audience.

The purchase price for the acquisition totaled $18.7 million. At closing, Acme United paid $14.6 million, with the remaining $4.1 million subject to holdbacks. These include $1.0 million contingent on achieving certain revenue milestones through December 31, 2027, and $3.1 million held back primarily to cover potential indemnification claims under the Asset Purchase Agreement.

Conclusion

Overall, the acquisition of My Medic marks a milestone for Acme United. By combining My Medic’s strong brand, digital marketing prowess, and loyal consumer base with Acme United’s sourcing strength and retail distribution capabilities, the Company aims to accelerate growth, expand margins, and broaden access to critical emergency and trauma response products. Smallcaps Recommendation: BUY.

Smallcaps.us Advice: Buy	Price Target: $52.61	Latest Company Report (pdf)
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