Brady Corporation Acquires Code Corp. and Announces Webcast Regarding Recent Acquisitions MILWAUKEE, June 17, 2021 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (Brady) announced today that it has acquired The Code Corporation (Code or the Company) for approximately $173 million. Brady will fund the transaction with cash on hand as well as with borrowings on its existing revolving line of credit. Code has forecasted sales of approximately $50 million for Bradys first full fiscal year of ownership, which is for the year ending July 31, 2022. Brady anticipates EBITDA from Code of approximately $10 million for the first full fiscal year ending July 31, 2022, inclusive of integration-related costs.