Cadre Holdings, Inc. (NYSE: CDRE)

Cadre Holdings, Inc., often recognized by its ticker symbol CDRE, operates in the safety equipment industry, providing essential protection solutions for professionals. Established over 60 years ago, this global leader has built a reputation for delivering high-quality, reliable products to those working in hazardous or life-threatening situations.

Cadre Holdings' diverse product portfolio caters to a wide range of customers, including state and local law enforcement agencies, fire and rescue departments, explosive ordnance disposal technicians, commercial nuclear power plants, emergency medical technicians, fishing and wildlife enforcement departments, and federal agencies such as the U.S. Department of State, U.S. Department of Defense, and U.S. Department of Energy.

The company generates revenue through the sale of various safety equipment products. Among these are body armor, explosive ordnance disposal equipment, duty gear, and nuclear safety products. Cadre Holdings' body armor line integrates cutting-edge technology, innovative materials, and processes to ensure optimal protection while reducing weight and enhancing ergonomics. These products comply with the National Institute of Justice (NIJ) standards or other applicable standards and are marketed under the Safariland and Protech Tactical brand names.

In the explosive ordnance disposal sector, Cadre Holdings leads the industry in supplying critical operator survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats. These products incorporate the latest protective technologies integrated with electronic components and communications equipment, ensuring end-users receive the best possible protection.

Cadre Holdings also excels in the duty gear market, offering a variety of holster innovation and safety engineering products. These include belts, accessories, and concealable carriers sold under the Safariland, Radar, and Bianchi brand names, designed for efficient and effective performance.

When it comes to nuclear safety, Alpha Safety, a subsidiary of Cadre Holdings, provides highly engineered technical products and services spanning the nuclear value chain. With nearly 40 years of partnership with key customers, Alpha Safety offers turnkey solutions, protecting critical operational personnel and the environment.

Cadre Holdings' strong market position in the safety equipment industry is supported by its superior quality, performance, and brand recognition. Among its competitive advantages are leading market positions, mission-critical products with recurring demand characteristics, attractive macro-economic and secular tailwinds, and a compelling organic and inorganic growth roadmap.

The company's growth strategy focuses on driving profitable core revenue growth through new product introductions and international market expansion, supplemented by targeted acquisitions and continuous margin improvement initiatives. Cadre Holdings sells its products through a network of longstanding third-party distributors and an owned distribution platform, with a global manufacturing footprint encompassing 21 sites across North America and Europe.