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Cadre Holdings Completes Acquisition of Carr's Engineering Division

1. CDRE completed the acquisition of Carr's Engineering Limited. 2. This strategic move expands CDRE's capabilities in safety equipment manufacturing.

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FAQ

Why Bullish?

The acquisition enhances CDRE's product portfolio and market competitiveness, similar to past successful acquisitions that led to stock price increases.

How important is it?

The acquisition strengthens CDRE's market position and growth potential, directly impacting investor sentiment and likely driving up stock prices.

Why Long Term?

The strategic benefits from this acquisition are expected to materialize over time, as integration leads to enhanced operational efficiencies and market growth.

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JACKSONVILLE, Fla.--(BUSINESS WIRE)--Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “the Company”), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, has completed the Company's previously announced acquisition of Carr's Engineering Limited (excluding Chirton Engineering) and Carr's Engineering (US), Inc. (together the “Engineering Division”), each a subsidiary of Carr's Gro.

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