New owners for Custom LeatherCraft
The Hultafors Group of Goteborg, Sweden, expands into North America
Custom LeatherCraft Manufacturing, a popular name in work gear and protective equipment, has been acquired by Hultafors Group of Goteborg, Sweden.
“We are excited about this acquisition as we believe that CLC will be a substantial piece of the puzzle in realizing our North American strategy. CLC has an unparalleled track record in product excellence, quality and innovation within its categories, making the company very well suited to be part of the Hultafors Group,” says Ole Kristian Jødahl, CEO at Hultafors Group AB.
Founded in 1983, the Custom LeatherCraft products are marketed under the CLC brand in the United States and the Kuny’s Leather brand in Canada.
Financial terms of the deal were not revealed. Through the acquisition, Hultafors will strengthen its sales and marketing capabilities in North America, as well as reinforce relationships with key customers within the distribution channel. Custom LeatherCraft will be integrated with Hultafors Group North America, and will report to Pete Chatel, President of Hultafors Group North America.
Custom LeatherCraft will operate day-to-day business as usual with Ron Pickens, CEO of CLC and the rest of the executive team in their current roles. Together, they will continue to lead CLC’s dedicated and talented team in developing business.
Hultafors Group brands include Snickers Workwear, Hultafors Tools, Johnson Level, Hellberg Safety, Wibe Ladders, Solid Gear, Dunderdon and Toe Guard.
“We are excited about this acquisition as we believe that CLC will be a substantial piece of the puzzle in realizing our North American strategy. CLC has an unparalleled track record in product excellence, quality and innovation within its categories, making the company very well suited to be part of the Hultafors Group,” says Ole Kristian Jødahl, CEO at Hultafors Group AB.
Founded in 1983, the Custom LeatherCraft products are marketed under the CLC brand in the United States and the Kuny’s Leather brand in Canada.
Financial terms of the deal were not revealed. Through the acquisition, Hultafors will strengthen its sales and marketing capabilities in North America, as well as reinforce relationships with key customers within the distribution channel. Custom LeatherCraft will be integrated with Hultafors Group North America, and will report to Pete Chatel, President of Hultafors Group North America.
Custom LeatherCraft will operate day-to-day business as usual with Ron Pickens, CEO of CLC and the rest of the executive team in their current roles. Together, they will continue to lead CLC’s dedicated and talented team in developing business.
Hultafors Group brands include Snickers Workwear, Hultafors Tools, Johnson Level, Hellberg Safety, Wibe Ladders, Solid Gear, Dunderdon and Toe Guard.
