Live Ventures Acquires Industrial Knife Maker Kinetic For $26M
Live Ventures Inc (NASDAQ:LIVE) subsidiary, Precision Marshall, has acquired all of the outstanding stock of The Kinetic Co Inc for about $26 million. Greendale, Wisconsin-based Kinetic was founded by the Masters family in 1948. Kinetic manufactures more than 90 types of knives and numerous associated parts. Kinetic employs approximately 100 non-union employees. The acquisition is…
Benzinga ·