Acquisition of Capital Safety Completed

RED WING, MN -- Capital Safety, a manufacturer of fall protection equipment under the DBI-SALA, UNILINE and PROTECTA brands, has announced the completion of its acquisition by Kohlberg Kravis Roberts & Co. L.P., a global investment firm.

All transfers of the previously disclosed $1.12 billion agreement are complete, and the new ownership is effective starting Jan. 20.

Under its previous owner over the past 4.5 years, Capital Safety doubled its revenues through a commitment to aggressive research and development, which led to the launch of innovative first-in-the-industry products such as ExoFit NEX and i-Safe RFID equipment management system, enhanced its global supply chain and expanded into emerging markets for fall protection equipment.  It also successfully executed five strategic acquisitions in Australia, Columbia, France and the U.K. to broaden its offerings for customers worldwide. 

KKR will continue to strategically invest in Capital Safety’s position as the world leader in supplying fall protection solutions and expects continued expansion for the company, both in terms of products and markets served.

All of Capital Safety’s fall protection and rescue systems are backed by extensive training, knowledgeable technical assistance and professional customer service. For further information, contact Capital Safety at 800-328-6146, 651-388-8282 or visit them on the web at www.capitalsafety.com.