Byrna Technologies acquires Mission Less Lethal assets from US manufacturer Kore Outdoors
The company has acquired Kore s non-lethal business and product line, which includes the MLR, Mission 4, TPR and Tactical Compact Rifle launchers Byrna CEO Bryan Ganz said Mission Less Lethal represents a highly strategic tuck-in acquisition for Byrna
Byrna Technologies Inc (NASDAQ:BYRN) (CSE:BYRN) revealed that it has acquired the assets of Mission Less Lethal, a leading US manufacturer of .68 caliber, shoulder-fired non-lethal launchers for law enforcement and other security professionals, from Kore (US) Outdoor Inc in an all-cash deal.
The Andover, Massachusetts-based company said it funded the acquisition with “cash on hand.” Terms of the transaction were not disclosed.