Hultafors Group is doubling ladder production in Nässjö, Sweden, with new automation, creating over ten jobs. The facility's capacity will increase from 30,000 to 60,000 ladders annually, emphasizing sustainability and quality in manufacturing processes.
Snickers Workwear is expanding in Europe with a strategic investment in Latvia, enhancing production capacity and expertise. This initiative aims to improve customer responsiveness, bolster sustainability, and develop advanced technical knit products, while maintaining high quality and social responsibility standards.
Anders Hülse has been appointed CEO of Hultafors Group, transitioning from his role as Division President for Personal Protection Equipment. With experience at Fristads Kansas Leijona, Thule Group, and Tetra Pak, he brings a strong background in brand development and growth.
Martin Knobloch will step down as CEO of Hultafors Group in July 2025 after four years of growth and strategic development. The company is initiating a recruitment process for his successor while continuing its strategic vision for industry leadership.
Hultafors Group’s climate targets have been approved by the Science Based Targets initiative (SBTi), aligning with the Paris Agreement’s 1.5°C goal. The company plans to reduce emissions by 42% by 2030 and 90% by 2050. Its strategy focuses on circular solutions, renewable energy, waste reduction, and sustainable operations, reinforcing its commitment to a more sustainable future.
On the 18h of October, Hultafors Group signed an agreement to acquire Scangrip A/S – an industry leading manufacturer of innovative LED work lights. The acquisition is part of Hultafors Group’s strategy to broaden our product portfolio with attractive product categories that meets the needs of professional end users. The completion of the transaction is expected to take place during October.
