Hospeco Brands Group’s stalking horse bid was approved by a Delaware bankruptcy court for the assets of Supply Source Enterprises (SSE), including The Safety Zone and Impact Product. Terms of the transaction were not disclosed. The auction followed SSE’s Chapter 11 bankruptcy filing on May 21.

The Cleveland OH-based Hospeco Brands Group is a global manufacturer specializing in wiping solutions, personal care, odor control, cleanroom, safety, textiles and specialty products. They serve various markets including building management, industrial and manufacturing, food service, education, healthcare and wellness. Hospeco is owned by parent company Tranzonic.

This acquisition enhances Hospeco Brands Group’s product offerings, helping the company provide a comprehensive solution in the sanitary supply and industrial safety markets. Customers of the former SSE can expect uninterrupted service during the transition, Hospeco added.

“It is business as usual as we begin the assimilation process. We have nothing but respect for the former SSE and its team — and Impact Products and The Safety Zone are two strong, highly valued brands. We will execute this transition smoothly and efficiently for all parties involved,” Tranzonic President Tom Friedl said in a July 23 news release.

The move aligns with Hospeco Brands Group’s growth strategy, which combines organic growth with strategic acquisition, providing stability and new opportunities for SSE’s brands and workforce.