Northbaze Group to introduce a new business area by carve out the premium leather goods production and operations in Thailand within the Smart Mobility area.
The new business segment and its production facility will continue to operate under the new name Adiantes Co. Ltd. Northbaze Group has initiated procedures to further build a strong foothold in the premium leather goods industry within the new business area. The growth of the premium OEM production area has been strong during the last two years (after the Krusell Group was acquired) and will continue exceed the own production of the group’s own brands such as Krusell and Kavaj. The manufacturing unit has evolved from an entity that was dependant on internal group business to an