Protective Industrial Products, Inc. Acquires ISM – Leader in Athletic Inspired Safety Footwear and Global Licensee for PUMA® Safety Shoes

May 16, 2023 • PRESS RELEASES

LATHAM, NY – May 16, 2023 – Protective Industrial Products, Inc. (“PIP®”), a global leader in personal protective equipment (PPE) including hand protection, above-the-neck protection, workwear and footwear, proudly announces that a definitive agreement to acquire ISM Heinrich Krämer GmbH & Co. KG (“ISM”), headquartered in Lippstadt, Germany, has been signed. The transaction is expected to close at the end of the month. PIP®, with over 30 locations around the world, is a portfolio company of Odyssey Investment Partners.

ISM is a third-generation family business with over 90 employees. Today, it has become one of the world’s leading and fastest growing providers of athletic inspired safety footwear. ISM is well known for their innovative footwear technology and designs, serving both men and women in the workplace under the PUMA® Safety, ALBATROS®, and FOOTGUARD® brands. ISM is the exclusive global licensee for PUMA® Safety Shoes.

“We are excited to welcome ISM to the PIP family”, explained Curt Holtz, President and CEO of PIP®. He continued, “Our goal is to provide our valued customers around the world with innovative, best-in-class safety solutions that deliver more opportunities for growth. The addition of ISM significantly expands our footwear presence and opportunities globally and provides greater access to customers in key markets in Europe and Asia. We have long respected ISM and believe both companies share similar cultures and have strong and passionate management teams that are committed to continuing to add value for our customers.”

Julia Krämer-Gümüs and Engin Gümüs, who will continue leading ISM shared, “We’ve always been focused on building our business globally in the right way and making ISM even more successful for our customers and our employees, so finding the right partners was critical.” They added, “For many years we’ve known co-founder and current Executive Chairman Joe Milot and have had a strong business relationship with PIP. He and key members of his management team all share many of the strong values that are core to family-founded businesses. It was important for us to preserve this for the future of ISM and its employees, and we look forward to joining the PIP family."

ISM is another example of the successful PIP® acquisition strategy built upon a commitment to strengthening its portfolio of products, so that global customers choose PIP® first for all their safety needs.

For more information, please contact us.

PIP® Wins the 2025 OH&S Industrial Hygiene Award for G-Tek® Paradox™ 21-Gauge Cut Resistant Gloves

PIP® is thrilled to announce that we have been named a 2025 Occupational Health & Safety (OH&S) Industrial Hygiene Award winner in the Hand Protection: Cut/Puncture category for the NEW G-Tek® …

Choosing the Right Gloves for Automotive Manufacturing and Aftermarket Environments

In the fast-paced world of automotive manufacturing and aftermarket services, hands are the most valuable tools. Whether assembling intricate vehicle components on production lines, performing maintenanc…

Through the Wringer: How Industrial Launderable Workwear Stands Up to Mining and Oil & Gas

In 2025, the mining and oil & gas industries continue to play a critical role in global energy production and resource extraction. With increasing demand for raw materials and energy, companies are p…

North America

Europe

Asia & Pacific

North America

Europe

Asia & Pacific

News, Articles & Events

Protective Industrial Products, Inc. Acquires ISM – Leader in Athletic Inspired Safety Footwear and Global Licensee for PUMA® Safety Shoes

MORE ARTICLES

Compare ()