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Acquisitions
3 Months Ended
Nov. 29, 2025
Business Combination [Abstract]  
Acquisitions

4. Acquisitions

 

During the thirteen weeks ended November 29, 2025, the Company completed four First Aid & Safety Solutions segment acquisitions with an aggregate purchase price of approximately $14.9 million. The Company has prepared purchase price allocations for the business combinations on a preliminary basis. The purchase price was primarily allocated to goodwill and intangible assets, with tangible assets consisting mainly of inventory and property, plant and equipment. A portion of the total purchase price is subject to holdback arrangements, which are typically payable within a one-year period following the acquisition date and contingent upon the achievement of specified revenue targets. The operating results of these businesses have been included in the Company’s consolidated financial statements from their respective acquisition dates. As these acquisitions were not material to the Company’s consolidated results, pro forma financial information has not been presented.

 

 

 

 

 

 

The following table presents aggregate information relating to the acquisition of businesses during the thirteen weeks ended November 29, 2025 (in thousands):

 

 

Thirteen Weeks Ended

 

November 29, 2025

 

Tangible assets acquired

 

$

1,157

 

Goodwill

 

 

11,543

 

Customer contracts

 

 

2,001

 

Other intangibles assets

 

 

197

 

    Total consideration paid for acquisition of businesses

 

 

14,898

 

Contingent holdbacks

 

 

(1,507

)

    Acquisition of businesses, net of contingent holdbacks

 

$

13,391