American Safety Razor Company in a management buyout. Energizer bought the privately held American Safety Razor in 2011, when it filed for bankruptcy. In 2015, Energizer spun off the personal care division as Edgewell Personal Care. Edgewell announced the sale of its Personna Industrial Division to an investment group, which renamed it AccuTec Blades. American Safety Razor Company "For the company of the same name that was founded in 1901 and renamed as the Gillette Safety Razor Company, see Gillette (brand)" American Safety Razor Company is a personal care brand founded in the early 20th century (1906) by a merging of the Gem Cutlery
Segal Lock and Hardware Company stock was placed privately with no public offering made. The company acquired a controlling interest in the Norwalk Lock Company and the Universal Razor Blade Corporation in 1929. Stockholders approved an increase in the authorized stock of the company to 400,000 shares, of which 300,000 shares were outstanding. The corporation introduced a single-unit safety razor in late 1930, a low-priced product designed to use only Segal double-edged blades. The following year Segal placed on the market the Unimatic Segal Razor, a one-piece razor which accepted a double-edged blade. The firm entered a contracted with United Cigar Stores in June 1931.