Acme United

CEO Walter C. Johnsen has led since 1995 through multiple cycles and successful portfolio repositioning toward first aid. Alignment is strong: he beneficially owns roughly 658,499 shares, about 15.9 percent of outstanding, and the senior team has long average tenures.

Governance is standard for a small-cap manufacturer and incentives are equity-linked. Execution risks remain around integration, tariffs and large retail customers, but we rate management quality and owner-operator alignment as clear positives.