Mustang Survival has announced the acquisition of the government and commercial marine business of Stearns. The deal increases Mustang Survival’s product offering for those who live beyond land to protect our freedoms, and those who work on the water to put food on the table for their loved ones.
The products will be amalgamated into the Mustang Survival branded assortments of life jackets, personal flotation devices and life-saving appliances.
“Mustang Survival exists to deliver confidence and the ultimate experience on the water for those who work, serve, or for recreation," said Mustang president Jason Leggatt. "We are obsessed with protecting and enhancing the performance of government and professional consumers because they use the products constantly and prove the durability and excellence of a great product solution.
"These markets are truly where steel sharpens the steel. In addition to the obvious growth this provides for us in core markets, the deal is extra exciting because many of the products acquired will be made onshore in our owned North American manufacturing sites."
Mustang is currently working to transition the acquired product lines into its operations and will work with customers and suppliers to develop a smooth business transition. The acquired product lines and intellectual property will be branded Mustang Survival going forward and will be showcased and sold via Mustang Survival’s reseller partners, the Mustang Survival website, and all customer service will be handled by Mustang Survival teams.
