The manufacturer also announced plans to sell its Asia-based Die-Cut business.
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Brady also reported plans to change its organizational structure.
Brady buys global health care identification products manufacturer.
Organic sales for the manufacturer of identification solutions fell 0.4 percent for the fiscal year.
Brady Corp. announced a 1.9 percent sales decrease for 3Q and a 0.4 percent organic sales increase for the ended 9-month period.
Organic sales for the manufacturer of identity solutions declined 1.8%.
