MSA Safety Incorporated (NYSE: MSA) announced it has completed a legal realignment of the company, establishing a new holding company structure for MSA as well as a new parent company. With this transaction complete, the new parent company has changed from Mine Safety Appliances Company to MSA Safety Incorporated. The MSA board of directors approved this action on February 27, 2014.
As a newly formed Pennsylvania corporation, MSA Safety Incorporated is now the NYSE-listed SEC-reporting holding company for a group of reorganized subsidiaries. Under the new structure, MSA Safety Incorporated serves as the parent holding company for a group of sub-holding and operating companies covering various aspects of MSA’s businesses throughout the world. The company’s charter, bylaws, board of directors and officers, as well as the company’s NYSE ticker symbol (MSA), however, all remain unchanged.