S – The Swedish Hultafors Group has taken over Tradeport, which is also based in Sweden. The acquisition is part of Hultafors’ growth strategy and rounds off the brand portfolio with premium safety shoes, work clothes and accessories of the brands Solid Gear, Toe Guard and Dunderdon. The acquisition was due to be completed in November.
According to official accounts, Tradeport has an annual turnover of 7.5 mil. Euros, employs 23 people and currently mainly operates on the Swedish market.
The Hultafors Group has a headcount of 620 employees and according to own accounts achieves a yearly turnover of approx. 135 mil. Euros. The brand portfolio of Hultafors comprises of Snickers Workwear, Wibe Ladders and Hultafors Tools.