 MILWAUKEE, May 21, 2021 GLOBE NEWSWIRE -- Brady Corporation NYSE: BRC Brady announced today that it has acquired Magicard Limited Magicard or the Company for approximately GBP 42 million approximately USD 59 million. Brady Corporation will fund the transaction with cash held outside the United States. Magicard, with forecasted sales of approximately GBP 23 million approximately USD 32 million for the year ending December 31, 2021, is a pioneer of ID card-printing technologies with a full range of desktop devices to meet a wide variety of local, on-demand, secure ID card issuance requirements. 