On December 16, 2020, the Company purchased the assets of Med-Nap LLC., located in Brooksville, Florida for $9.3 million. Med-Nap is a leading manufacturer of alcohol prep pads, alcohol wipes, benzalkonium chloride wipes (BZK), antiseptic wipes, castile soap, and lens cleaning products.

The purchase price was allocated to assets acquired and liabilities assumed as follows (in thousands):

Assets:
Inventory	$	591
Prepaid expense	25
Land & buildings		1,800
Equipment		4,195
Goodwill	149
Intangible assets		2,882
Total assets	$	9,642
Accounts payable	336
Total considerations	$	9,308

The acquisition was accounted for as a business combination, pursuant to ASC 805 – Business Combinations. All assets acquired in the acquisition are included in the Company’s US segment.

On January 7, 2020, the Company purchased the assets of First Aid Central, a Canadian first aid and safety supplier, based in Laval, Canada for approximately $2.1 million in cash. First Aid Central products consist of a broad line of first aid kits, refills, and safety products that are sold to a wide range of industries and end users. The products meet federal Health Canada and provincial regulatory requirements.

Assets:
Accounts receivable	$	232
Inventory	440
Prepaid Expense	47
Equipment	45
Intangible assets		1,310
Total assets	$	2,074

The acquisition was accounted for as a business combination, pursuant to ASC 805 – Business Combinations. All assets acquired in the acquisition are included in the Company’s Canada segment.

Net sales for the year ended December 31, 2020 attributable to the sales of First Aid Central products were approximately $4.6 million. Net income for the year ended December 31, 2020 attributable to First Aid Central products was approximately $0.3 million.

Assuming First Aid Central assets were acquired on January 1, 2019, unaudited proforma combined net sales for the year ended December 31, 2019 for the Company would have been approximately $145.9 million. Unaudited proforma combined net income for the year ended December 31, 2019 for the Company would have been approximately $5.9 million.