Exhibit 21
SCHEDULE OF SUBSIDIARIES OF BRADY CORPORATION
Percentage | ||||||
of Voting | ||||||
State (Country) | Securities | |||||
Name of Company | of Incorporation | Owned | ||||
Brady Corporation | Wisconsin | Parent | ||||
Tricor Direct Inc. — | Delaware | 100 | % | |||
Doing Business As: | ||||||
Seton | ||||||
Seton Name Plate Company | ||||||
D&G Sign and Label Co. | ||||||
Seton Identification Products | ||||||
Worldmark of Wisconsin Inc. | Delaware | 100 | % | |||
Brady Investment Co. | Nevada | 100 | % | |||
EMED Co., Inc. | New York | 100 | % | |||
Stopware, Inc. | California | 100 | % | |||
Permar Sytems, Inc. — | New York | 100 | % | |||
Doing Business As Electromark | ||||||
Henryc, Inc. (U.S.) | New York | 100 | % | |||
Oliver of New York (U.S.) | New York | 100 | % | |||
AIO Holding Inc. | Delaware | 100 | % | |||
Doing Business As Personnel Concepts | ||||||
AIO Acquisition Inc. | Delaware | 100 | % | |||
TruMed Technologies, Inc. | Minnesota | 100 | % | |||
IDenticard Systems Worldwide, Inc. | Pennsylvania | 100 | % | |||
Brady Mexico Holding LLC | Delaware | 100 | % | |||
Brady People Identification LLC | Wisconsin | 100 | % | |||
Comprehensive Identification Products, Inc. | Massachusetts | 100 | % | |||
PV Acquisitions, LLC | Delaware | 100 | % | |||
Scafftag Inc. | Texas | 100 | % | |||
Sorbent Products Co. Inc. | New Jersey | 100 | % | |||
Global Sorbent Sales LLC | New Jersey | 100 | % | |||
Brady Precision Converting, LLC | Wisconsin | 100 | % | |||
Clement Communications, Inc. | Pennsylvania | 100 | % | |||
Visual Wear LLC | Massachusetts | 100 | % | |||
Brady International Sales, Inc. | U.S. Virgin Islands | 100 | % | |||
Brady International Co. | Wisconsin | 100 | % | |||
Brady Worldwide, Inc. | Wisconsin | 100 | % | |||
Also Doing Business As: | ||||||
Varitronic Systems | ||||||
Teklynx International | ||||||
Temtec | ||||||
Brady Australia Pty. Ltd. | Australia | 100 | % | |||
Seton Australia Pty. Ltd. | Australia | 100 | % | |||
Accidental Health & Safety Pty. Ltd. | Australia | 100 | % | |||
Trafalgar First Aid Pty. Ltd. | Australia | 100 | % | |||
Carroll Australasia Pty. Ltd. | Australia | 100 | % | |||
Scafftag Australia Pty. Ltd. | Australia | 100 | % | |||
Sorbent Products Company International BVBA | Belgium | 100 | % | |||
W.H. Brady, N.V. | Belgium | 100 | % | |||
W.H.B. do Brasil Ltda. | Brazil | 100 | % | |||
Tradex do Brasil Ltda. | Brazil | 100 | % |
Percentage | ||||||
of Voting | ||||||
State (Country) | Securities | |||||
Name of Company | of Incorporation | Owned | ||||
Asterisco Artes Graficas Ltda | Brazil | 100 | % | |||
W.H.B. Identification Solutions, Inc. — | Canada | 100 | % | |||
Doing Business As: | ||||||
Brady | ||||||
GrafTek | ||||||
Revere-Seton | ||||||
Seton | ||||||
Identicam Systems Inc. | Canada | 100 | % | |||
BRC Financial | Canada | 100 | % | |||
Brady (Shanghai) International Trading Co., Ltd. | China | 100 | % | |||
Brady Technology (Wuxi) Co. Ltd. | China | 100 | % | |||
Brady (Beijing) Co. Ltd. | China | 100 | % | |||
Brady (Shenzhen) Co., Ltd. | China | 100 | % | |||
Brady (Dongguan) Co., Ltd. | China | 100 | % | |||
Suzhou Dicel EMC Co., Ltd. | China | 100 | % | |||
Tradex Converting (Langfang) Co., Ltd. | China | 100 | % | |||
Brady Technology (Suzhou) Co., Ltd. | China | 100 | % | |||
CIPI Xiamen, Ltd. | China | 100 | % | |||
PanYu Meixin Metal Company Ltd. | China | 100 | % | |||
Brady Holdings Danmark ApS | Denmark | 100 | % | |||
Brady A.S (Denmark) | Denmark | 100 | % | |||
Braton Europe S.A.R.L | France | 100 | % | |||
Braton Groupe S.A.R.L | France | 100 | % | |||
Doing Business As: | ||||||
Brady | ||||||
Techniques Avancees | ||||||
Holman | ||||||
Periprint | ||||||
Brady Group S.A.S | France | 100 | % | |||
Doing Business As: | ||||||
Seton | ||||||
Signals & Lettrasoft | ||||||
Brady Holding GmbH | Germany | 100 | % | |||
Brady GmbH | Germany | 100 | % | |||
Doing Business As: | ||||||
Seton | ||||||
Balkhausen | ||||||
Brady ISST | ||||||
Soft & Etimark | ||||||
Quo-Luck Company Limited | Hong Kong | 100 | % | |||
Bakee Metal Manufactory Company Limited | Hong Kong | 100 | % | |||
Brady Corporation Hong Kong Limited | Hong Kong | 100 | % | |||
Brady Company India Pte. Ltd. | India | 100 | % | |||
Brady Italia, SRL | Italy | 100 | % | |||
Modernotecnica SRL | Italy | 100 | % | |||
Nippon Brady K.K. | Japan | 100 | % | |||
Brady Luxembourg SARL | Luxembourg | 100 | % | |||
Brady Technology SDN, BHD | Malaysia | 100 | % | |||
W. H. Brady S. de R.L. de C.V. | Mexico | 100 | % | |||
Brady Servicios, S. de R.L. de C.V. | Mexico | 100 | % | |||
Brady B.V. | Netherlands | 100 | % | |||
CIPI Europe, B.V. | Netherlands | 100 | % | |||
Brady A.S. (Norway) | Norway | 100 | % | |||
Brady Philippines Direct Marketing Inc. | Philippines | 100 | % | |||
Brady Corporation S.E.A. Pte. Ltd. | Singapore | 100 | % | |||
Brady Corporation Asia Pte. Ltd. | Singapore | 100 | % | |||
Brandon Precision Pte. Ltd. | Singapore | 100 | % | |||
Brady Technologies Asia Pte. Ltd. | Singapore | 100 | % |
Percentage | ||||||
of Voting | ||||||
State (Country) | Securities | |||||
Name of Company | of Incorporation | Owned | ||||
Brady Asia Holding Pte. Ltd. | Singapore | 100 | % | |||
Brady Singapore Holdings Pte. Ltd. | Singapore | 100 | % | |||
ID Technologies Pte. Ltd. | Singapore | 100 | % | |||
ID Technologies (China) Pte. Ltd. | Singapore | 100 | % | |||
Brady S.R.O. | Slovakia | 100 | % | |||
Brady Korea Co., Ltd. | South Korea | 100 | % | |||
Brady Identification S.L. | Spain | 100 | % | |||
Brady AB | Sweden | 100 | % | |||
Brady Trading AB | Sweden | 100 | % | |||
Brady Sweden Holding AB | Sweden | 100 | % | |||
Brady Holding AB | Sweden | 100 | % | |||
Brady Converting AB | Sweden | 100 | % | |||
Tradex AB | Sweden | 100 | % | |||
Brady Holding Co. Ltd. | Thailand | 49 | %(1) | |||
Brady (Thailand) Co. Ltd. | Thailand | 100 | % | |||
Q.D.P.T. (Thailand) Co., Ltd. | Thailand | 100 | % | |||
Brady (Turkey) Ltd. | Turkey | 100 | % | |||
B.I. U.K. Limited | United Kingdom | 100 | % | |||
B.I. Financial Limited | United Kingdom | 100 | % | |||
Seton Limited | United Kingdom | 100 | % | |||
W.H. Brady Co. Ltd. | United Kingdom | 100 | % | |||
Brady Corporation Limited | United Kingdom | 100 | % | |||
Brady European Finance Limited | United Kingdom | 100 | % | |||
Brady European Holdings Limited | United Kingdom | 100 | % | |||
Cleere Advantage Limited | United Kingdom | 100 | % | |||
Focal Display Limited | United Kingdom | 100 | % | |||
Focal Signs Limited | United Kingdom | 100 | % | |||
S & L Signmaker Limited | United Kingdom | 100 | % | |||
Safety Shop Limited | United Kingdom | 100 | % | |||
Safety Shop Co. U.K. Limited | United Kingdom | 100 | % | |||
Signs & Labels Limited | United Kingdom | 100 | % | |||
Southern Signs Systems Limited | United Kingdom | 100 | % | |||
Esot Limited | United Kingdom | 100 | % | |||
Scafftag Limited | United Kingdom | 100 | % | |||
Safetrak Limited | United Kingdom | 100 | % | |||
Scafftag USA Limited | United Kingdom | 100 | % | |||
Pure Vantage | United Kingdom | 100 | % | |||
Rapid Update | United Kingdom | 100 | % |
(1) | Brady Corporation owns 49% of the outstanding shares of Brady Holding Co. Ltd., but Brady Corporation maintains controlling voting rights. The 51% owner holds preferred shares, which entitle it to one vote for every 20 shares. Brady Corporation holds common shares, which entitle it to one vote for every one share. The preferred shareholder’s share of the net income in Brady Holding Co. Ltd is limited to recovery of its initial investment. |