05:48 PM EST, 12/16/2024 (MT Newswires) -- Lakeland Industries ( LAKE ) said late Monday it completed the acquisition of Veridian for about $25 million in an all-cash deal.
The transaction was funded by the company's revolving credit facility with Bank of America ( BAC ) , according to Lakeland.
Shares of Lakeland were up 1.6% in after-hours activity.