Latour-backed Hultafors Group to acquire Lyngsoe Rainwear from Survitec.

Latour-backed Hultafors Group, a house of premium brands, agreed to acquire Lyngsoe Rainwear, a supplier of rainwear, from Survitec-backed Hansen Protection, a manufacturer of advanced survival and emergency suits. Financial terms were not disclosed. “We are deeply impressed with Lyngsøe Rainwear’s broad assortment of rainwear that helps protect workers in harsh environments across a broad end user base. This is a natural next step for Hultafors Group to broaden our workwear portfolio and a product category that is well aligned with our group mission to improve how the world works”, says Martin Knobloch, Hultafors Group CEO.