December 20, 2014
Safariland

Photo:

Safariland customers include law enforcement.

Profile

Safariland

| 10/11/2012

Safariland, which makes body armor and other protective equipment for law enforcement and military customers, is back in the hands of Warren B. Kanders, who paid $124 million to acquire the company from BAE Systems through an affiliate of his investment firm Kanders and Co. Kanders’ interest in the Jacksonville company dates to 1996, when he first invested in predecessor American Body Armor & Equipment of Fernandina Beach. In 1999, when he was chairman of Armor Holdings, he led Armor to acquire Safariland for $41 million. He helped build the company through 19 acquisitions before BAE Systems bought Armor Holdings, including Safariland, for $4.1 billion in 2007. Revenue has fallen sharply since 2007. Kanders hopes to step up new product development and distribution, particularly internationally, and make select acquisitions. “It’s like I have unfinished business,” he says.

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Benefits management trends in Florida
Benefits management trends in Florida

David Faulkenberry, president, FBMC Benefits Management, explains what benefits most employers want to offer staff and what impact the ACA has had on public sector clients so far.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How do you feel about the historic decision to remodel US-Cuba relations?

  • Well, it's about time!
  • I'm cautiously optimistic...
  • I'm skeptical about this at best...
  • Not in favor at all: Keep the embargo strong!

See Results

Ballot Box
Subscribe