Flexible Electronics News

Brady Corporation Acquires Code Corporation

Code has forecasted sales of approximately $50 million for Brady’s first full fiscal year of ownership.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Brady Corporation announced that it has acquired The Code Corporation for approxi-mately $173 million. Brady will fund the transaction with cash on hand as well as with borrowings on its existing revolving line of credit. Code has forecasted sales of approximately $50 million for Brady’s first full fiscal year of ownership, which is for the year ending July 31, 2022. Brady anticipates EBITDA from Code of approximately $10 million for the first full fiscal year ending July 31, 2022, inclu-sive o...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters