Latour completed the acquisition of a 80% stake in EMMA Safety Footwear.

Investment AB Latour, an investment company, through its subsidiary Hultafors Group, completed the acquisition of a 80% stake in EMMA Safety Footwear, a safety footwear company. Financial terms were not disclosed. “We believe EMMA will form a perfect match with our existing safety footwear business from several perspectives, especially with respect to product portfolio aspects, geographical sales footprint and customer segment presence. We are also truly excited about the achievements EMMA has accomplished within its Sustainability program, e.g. through its circular concept and innovative recycling system” Ole Kristian Jødahl, Hultafors Group CEO.