Mustang Survival has acquired the Government & Commercial Marine business of Stearns. The deal deepens Mustang Survival’s product offering for people who live beyond land, and to those who work on the water.
The products will be amalgamated into the Mustang Survival branded assortments of life jackets, personal flotation devices and lifesaving appliances. Complementing Mustang Survival’s offerings the depth and breadth provided by merging the Stearns’ products establishes Mustang Survival as a dominant industry leader in commercial marine performance products.
Mustang Survival President Jason Leggatt said, “Mustang Survival exists to deliver confidence and the ultimate experience on the water for those that work, serve, or for recreation. We are obsessed with protecting and enhancing the performance of government and professional consumers because they use the products constantly and prove the durability and excellence of a great product solution.
“These markets are truly where steel sharpens the steel,” Leggatt continued. “In addition to the obvious growth this provides for us in core markets, the deal is extra exciting because many of the products acquired will be made onshore in our owned North American manufacturing sites.”
Mustang Survival’s CEO Andrew Branagh, who oversees the Wing Group including Mustang Survival and her sister companies, has been expanding the Wing Group’s presence with acquisitions aligned to its values and mission.
“The Wing Group is deeply embedded with top-tier government and professional users across the family of companies,” Branagh said. “Stearns represented an incredible opportunity for Mustang Survival to be increasingly relevant to this strategic and valued customer base of ours.”
Mustang Survival is transitioning the acquired product lines into its operations and will work with customers and suppliers to develop a smooth business switch. The acquired product lines and intellectual property will be branded Mustang Survival going forward and will be showcased and sold via the company’s reseller partners, its website. Ccstomer service will be handled by Mustang Survival teams.
