MACE SECURITY INTERNATIONAL INC
8-K/A, 1999-08-27
INDUSTRIAL ORGANIC CHEMICALS
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<PAGE>

                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549


                                  FORM 8-K/A

                                CURRENT REPORT

                       UNDER SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                         Date of Report: June 22, 1999
                       (Date of Earliest Event Reported)

                       MACE SECURITY INTERNATIONAL, INC.
                       ---------------------------------
             (Exact name of Registrant as Specified in its Charter)

                                    Delaware
                            (State of Incorporation)

                                    0-22810
                            (Commission File Number)

                                   03-0311630
                       (IRS Employer Identification No.)

                 160 BENMONT AVENUE, BENNINGTON, VERMONT 05201
                    (Address of Principal Executive Offices)

                                 (802) 447-1503
                        (Registrant's Telephone Number)
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Item 2.     ACQUISITION OF MOORESTOWN CAR WASH
            ----------------------------------

On June 22, 1999, Mace Security International, Inc., a Delaware Corporation (the
"Company" or "Registrant"), acquired substantially all of the assets of the car
wash facility (the "Facility") having the address of 215 West Camden Avenue,
Moorestown, New Jersey (the "Moorestown Car Wash") from Mario DeBerardinis and
Jennifer DeBerardinis (the "Sellers"). Pursuant to the terms and conditions of
the Agreement of Sale (the "Agreement"), as subsequently assigned to the
Company, the Company purchased the real estate, inventory, fixed assets, trade
names and trademarks, and intangibles of the car wash operations of Sellers.
Sellers are not affiliated with the Registrant nor with any of the Registrant's
subsidiaries. The description of the acquisition transaction set forth herein is
qualified in its entirety by reference to the Agreement of Sale, which is
incorporated as Exhibit 2.1.

At Closing under the Agreement, the Company paid to Sellers an aggregate
purchase price of $450,000 (the "Purchase Price"), consisting of $225,000 cash
from working capital and 20,930 unregistered shares of the Company's common
stock at a price of $10.75 per share.

Additionally, the Agreement of Sale included a Covenant Not to Compete
preventing Sellers from competing, directly or indirectly, with the Company or
carrying on the operations of a car wash within certain geographic areas and for
certain predetermined periods.



ITEM 7.    FINANCIAL STATEMENTS AND EXHIBITS
           ---------------------------------


In its Current Report on Form 8-K, filed on July 2, 1999, the Registrant stated
that the required financial statements of the Moorestown Car Wash would be filed
within the time period required in accordance with applicable regulations under
the Securities and Exchange Act of 1934.  However, after reviewing the financial
statements of the Moorestown Car Wash, the Registrant has concluded that
Securities and Exchange Act rules do not require the filing of financial
statements with respect to the acquired company.  Accordingly, the Registrant is
not filing financial statements herewith.
<PAGE>

      SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date: August 27, 1999              MACE SECURITY INTERNATIONAL, INC.

                                   By:/s/ Gregory M. Krzemien
                                          -------------------
                                          Gregory M. Krzemien
                                          Chief Financial Officer and Treasurer


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