Latour acquires Custom LeatherCraft Mfg. LLC.
Investment AB Latour has, through its fully owned subsidiary Hultafors Group AB, signed an agreement to acquire Custom LeatherCraft Mfg. LLC (“CLC”) based in Los Angeles, CA, USA. The completion of the transaction is expected to take place during the month of September, subject to customary closing conditions, including regulatory approval. CLC is an industry leading designer, developer and marketer of work gear (e.g. tool belts and softside tool carriers), personal protective equipment (e.g. kneepads and gloves), and outdoor gear. The Company was founded in 1983 and products are