CompoSecure, Inc. (NASDAQ: CMPO), a leader in premium payment solutions and identity security, has announced an agreement to acquire Husky Technologies Ltd., a global manufacturer of injection-molding systems and solutions, in a transaction valued at approximately $5 billion, including debt. The acquisition marks a bold strategic expansion for CompoSecure into the industrial manufacturing and packaging equipment sector.
The deal, expected to close in the first quarter of 2026 pending customary regulatory approvals, will be funded through a combination of cash, stock, and debt financing. The transaction includes a $2 billion private investment in public equity (PIPE) priced at $18.50 per share, while Husky’s current owner, Platinum Equity, will roll over roughly $1 billion in equity and retain a minority stake of just under 20 percent in the combined entity.
“This is a transformational moment for CompoSecure,” said David Cote, Executive Chairman of CompoSecure and former Honeywell CEO. “Husky is a technology leader with a strong position in a stable and growing market. This acquisition checks every box for us — industry leadership, differentiated products, organic growth potential, and the opportunity for sustained margin expansion.”
Founded in 1953, Husky Technologies designs and manufactures injection-molding machines, molds, and hot-runner systems used in a range of sectors including packaging, medical devices, and consumer electronics. Husky’s global footprint spans more than 40 countries, serving customers across beverage, food, healthcare, and consumer goods markets.
According to Jon Lutz, CEO of Husky Technologies, the merger positions the company for its next phase of growth. “Joining forces with CompoSecure will enable us to accelerate innovation, broaden our reach, and continue delivering exceptional value to our customers,” said Lutz. “Our teams share a culture of excellence and a commitment to quality — together, we’ll drive even greater impact across the industries we serve.”
Following the completion of the transaction, Husky will operate as a stand-alone subsidiary of CompoSecure, retaining its brand and existing leadership team. The combined business will have an estimated enterprise value of $7.4 billionand is projected to be over 20 percent accretive to adjusted diluted EPS in the first full year post-closing.
CompoSecure, known for its luxury metal payment cards and secure authentication technologies, has been diversifying its portfolio toward scalable manufacturing platforms with global potential. The acquisition of Husky signifies a strategic step into industrial technology and advanced manufacturing — sectors offering consistent demand, defensible margins, and long-term growth opportunities.