Acme United Corporation (ACU)
- GlobeNewswire
Acme United Corporation Board Increases Cash Dividend 8 Percent to $0.14 per Share
SHELTON, Conn., June 14, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Acme United Corporation (NYSE American: ACU) declared a cash dividend of 14 cents per share on its outstanding common stock. The dividend is payable on July 22, 2022, to stockholders of record on the close of business on July 1, 2022. Walter C. Johnsen, Chairman and CEO, said, “This is Acme United’s thirteenth dividend increase since 2004. The Company continues to make good business progress and we are delighted to provi
- GlobeNewswire
Acme United Corporation Acquires the Assets of Safety Made
SHELTON, Conn., June 01, 2022 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that it has acquired the assets of Live Safely Products, LLC. (d/b/a “Safety Made”), a leading manufacturer of first aid kits for the promotional products industry. Safety Made had revenues in 2021 of approximately $4.9 million and EBITDA of approximately $1.2 million. The purchase price was not disclosed. The acquisition is expected to be accretive immediately. The company is located i
- GlobeNewswire
Acme United Corporation Announces Increased and Extended Bank Facility
SHELTON, Conn., May 31, 2022 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE MKT:ACU) today announced the renewal and increase of its loan facility with HSBC Bank, N.A. The agreement provides for borrowings up to $65 million (an increase of $15 million) at an interest rate of SOFR plus 1.75% and expires on May 31, 2026. The terms of the credit facility (including the effective interest rate) otherwise are materially unchanged. The facility is intended to provide liquidity for growth, share rep
