Coldwater’s Pence Retires; Walgreens Launches AARP Catalog; Conney Safety Sold

Acquisitions

Conney Safety Products: The workplace safety products supplier has been acquired by Caxton-Iseman Capital, a New York-based private-equity firm, for $48 million. Conney Safety’s product line includes work gloves that protect against cuts, heat, abrasions and other hazards; hard hats; ear protection; portable eye-wash stations; and respirators. The Madison, Wis.-based B-to-B cataloger had revenue of about $60 million in 2005 and $74 million last year.