Cadre Holdings, Inc. (CDRE), Wednesday announced its decision to acquire TYR Tactical, LLC, a global manufacturer of tactical gear and equipment for military, law enforcement, and government agencies worldwide, for $175 million.
The total consideration comprises of $150 million of cash at closing and $25 million of Cadre common stock. Additionally, TYR will be eligible to receive upto $25 million depending upon its achievement of specified net revenue targets for the calendar years 2026, 2027, and 2028.
With TYR's relationships with key military customers in northern Europe, the company expects the deal to unlock new growth opportunities in high-value end markets.
The transaction is anticipated to close in the first half of 2026.
In the pre-market hours, CDRE is trading at $43.77, up 1.25 percent on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.