Acme United Corporation Acquires Assets of Med-Nap LLC

Acme United Corporation acquired the assets of Med-Nap LLC, a Brooksville, Florida-based manufacturer of alcohol prep pads, antiseptic wipes and related cleaning products. Med-Nap reported estimated 2020 revenues of approximately $4.9 million and EBITDA of about $1.0 million, employs 25 people, and the acquisition provides Acme with an FDA-registered U.S. manufacturing facility and new product lines; purchase price was not disclosed.