Lakeland Industries sells high-visibility workwear business for $14M to National Safety

Filed March 30, 2026 · Period ending March 27, 2026 · ~1 min read

Key Changes

• high

  Lakeland sold its high-visibility and flame-resistant workwear business to National Safety Apparel for $14.0 million, with closing completed March 27, 2026.

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• high

  Company will receive approximately $12.6 million at closing, with $400K held for inventory adjustments and $1.0 million escrowed for indemnification claims.

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• medium

  Lakeland agreed to a five-year non-compete preventing re-entry into the high-visibility and flame-resistant workwear market until March 2031.

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