Hultafors Group AB acquires Hellberg Safety AB
Investment AB Latour, through its wholly owned subsidiary Hultafors Group AB, has acquired Hellberg Safety AB which develops and provides hearing protection worldwide within passive earmuffs, electronic earmuffs and face protection and communication solutions. Hellberg Safety AB is active in 50 markets and conducts research and development as well as production at the headquarters in Stenkullen. The company had a turnover of approximately SEK 66 million in 2017. Together with the former owners, Hultafors Group AB will continue to drive the company's growth.
Hellberg Safety AB was represented by Mannheimer Swartling in the transaction.