Johnsons Corporate brokers the Acquisition of Argyle Performance Workwear by Paramount Safety Products
Johnsons is pleased to announce another successful strategic acquisition of a private, mid-sized business.
After facilitating a comprehensive end-to-end research, qualification and negotiations process, our client – Paramount Safety Products – has acquired New Zealand’s Argyle Performance Workwear for an undisclosed amount. Paramount, the name behind Prochoice Safety Gear, is a leading national
manufacturer and distributor of industrial personal protection equipment. The vendor, Argyle, is the leader in innovative, wearable, and durable safety workwear, safety clothing, and safety footwear in NZ.
The team at Johnsons Corporate was pleased to act as lead advisors to Paramount’s directors and would like to extend our congratulations to both the purchaser and the vendor.
This is the second time that Paramount has completed a strategic acquisition using the services of Johnsons Corporate. Working under instructions to identify a number of suitable targets and to manage negotiations through to a completed transaction, Johnsons was able to present a short-list of qualified Australian and New Zealand acquisition opportunities to Paramount’s board within a short period of going to market.
For over 50 years Johnsons Corporate has specialised in the provision of business sales and acquisition services for mid-sized, private Australian companies. Our clients get results because Johnsons’ approach is specifically designed for the mid-market business sector. Custom research and direct marketing capabilities, combined with expertise in sales and negotiations, create a service unavailable elsewhere in the fields of traditional business broking and corporate advisory services.