NEWS
LHD Group Fire and Rescue Business to join Lakeland Industries
LHD Group Deutschland GmbH, a leading provider of holistic solutions for professional and protective clothing for the fire service, military, police and uniform markets, announced today to it has entered into a definitive agreement to be acquired by Lakeland Industries, Inc., a global manufacturer of protective clothing for industry, healthcare, and first responders.
Published: 03.04.2024
The acquisition will transfer LHD Group Deutschland GmbH including the subsidiaries LHD Group Australia P/L and LHD Group Hong Kong Ltd. from Kantaras Investments Pte. Ltd. to Lakeland Industries, a United States based company. The transaction is expected to close in May, subject to the satisfaction of customary closing conditions, including receipt of regulatory approvals.
The new owner: 40 years of Protecting People
Lakeland Industries Inc. is a global leader in the manufacture of protective clothing for industry, healthcare, and first responders. The company is headquartered in Huntsville AL, United States with manufacturing and sales operations around the world. Lakeland products are sold globally to a network of over 2,000 global safety and industrial supply distributors to more than 50 countries. For more information concerning Lakeland, please visit the company at www.lakeland.com.
LHD Group Deutschland GmbH is set to become part of a very large, innovative, and successful group of companies whose core business is the production of protective clothing. In addition to the LHD Group, Lakeland has recently acquired Eagle Technical Products Ltd based in the UK, Pacific Helmets NZ Ltd based in New Zealand and Jolly Scarpe S.p.A. based in Italy. LHD is joining a global Lakeland team focused on the firefighter service market. With the ability to leverage new capabilities and complementary products, LHD is positioned for future success.
Continuation of the tried and tested
Great value is placed on the continued existence of the workforce. Well over half of the employees have been part of LHD for over 10 years and are also very familiar with the fire service market. Consistency is also practiced in collaboration with premium partners such as W. L. Gore & Associates GmbH, PBI Performance Products Inc., 3M Deutschland GmbH and other well-known manufacturers of quality materials.
With LHD Group Deutschland GmbH, Lakeland Industries Inc. has acquired additional expertise in the field of protective clothing, as well as further access to the relevant markets in Europe and other parts of the world. “Our personal protective equipment will continue to be manufactured in Europe,” assures Florian Berg genannt Vellmer, Head of Sales at LHD. “We want to continue to adhere to our high-quality standards, which many of our customers have always rewarded with long-term loyalty. In addition to this promise of performance, with increased use of synergies from this new fire focused family, we will increase our service level to further strengthen the relationships with our customers."
Official press release:
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LHD Group Fire and Rescue Business to join Lakeland Industries
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