Corporate Profiles: Protective Industrial Products
PIP Global Inc. (PIP) announced the acquisition of California-based Hearos LLC (Hearos), along with its recognized brands of hearing protection. Proudly joining the PIP team will be Hearos’ founder, Doug Pick, who launched the Hearos® brand in 1992, as well as his leadership team. “This is a very significant deal,” said Joe Milot, president and CEO of PIP. “Together with the Hearos team, we are now a leading manufacturer of innovative ear plug technologies,” he added, referring to Hearos’ state-of-the art, high-capacity manufacturing facility. The Hearos acquisition is an important step in realizing PIP’s mission of being the leader in the consumable safety products industry. Pick, who will serve as the president of business development for Hearos, describes this new venture as a turning point for the company. “Joe Milot and the team at Audax Private Equity share our passion and can provide the necessary investments to drive exponential growth for the future,” Pick said. Hearos will continue to operate out of its California location, marketing and selling its brands of ear plugs to retail and specialty market channels that include hardware, grocery, food and drug as well as general merchandisers. PIP will market the products to the industrial safety channels globally through its extensive distributor network.