Billy Pugh Company has acquired the Stiffy Safe Hand Tools product line from Fibertex Supply, enhancing its safety offerings in the offshore market.

Target Company Overview

Billy Pugh Company, a portfolio entity of Merion, has officially acquired the Stiffy Safe Hand Tools product line from Fibertex Supply as of April 29, 2025. This acquisition merges two innovative leaders in the field of hands-free lifting and safety solutions, thereby enhancing Billy Pugh’s already extensive product range and fortifying its leading status within the offshore safety sector.

Industry Overview in the Offshore Safety Market

The offshore safety industry is characterized by its critical role in ensuring the safety and efficiency of operations that occur in harsh and challenging environments, such as oil platforms and maritime construction sites. As global energy demands continue to rise, the importance of implementing cutting-edge safety solutions has never been more essential.

In recent years, the industry has witnessed a significant transformation with the introduction of advanced technologies designed to enhance safety standards. Companies are increasingly investing in innovative