JET Group Acquires PeakWorks Inc.

The acquisition of PeakWorks broadens JET's safety product offering by adding a portfolio of professional Personal Protective Equipment to complement its existing Pioneer-branded safety apparel product line.

The JET Group announced the acquisition of PeakWorks Inc., a leading Canadian brand of fall protection, fall rescue and confined space safety products based in Hamilton, Ontario. Terms of the transaction were not disclosed.

The acquisition of PeakWorks broadens JET's safety product offering by adding a portfolio of professional Personal Protective Equipment (PPE) to complement its existing Pioneer-branded safety apparel product line.

"We are very excited about the prospects of combining these two companies. PeakWorks offers the expertise, product line and technical knowledge required to service this critical market. The JET Group offers an unparalleled delivery system to the Canadian industrial, construction, safety and automotive markets through its six warehouses, large corporate sales force and loyal distribution network coast-to-coast. Together we will deliver this exciting brand across the country," commented Chris Baby, President and COO of the JET Group.

Beginning in Spring 2014, PeakWorks' products will be available from all six JET Group locations in Canada and processed along with orders for JET, Strongarm and Pioneer branded products.

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