# Hultafors Group invests in production capacity in Latvia for Snickers Workwear

Hultafors Group AB, a subsidiary of Investment AB Latour, has signed an agreement to invest in increased production capacity in Latvia for the production of workwear for the brand Snickers Workwear by acquiring an existing machine park from Spectre Latvia. The investment will create up to 120 jobs and include a production facility and an R&D hub.

- Type: Expansion
- Announced: 2023-03-27
- Where: Latvia, Latvia
- Jobs: 120
- Status: announced
- Products: workwear
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Hultafors Group](https://endata.com/companies/42709.md)
- [Investment AB Latour](https://endata.com/companies/41317.md) (investor)
- [Spectre Latvia](https://endata.com/companies/69349.md) (supplier)

## Sources

- [inderes.dk](https://www.inderes.dk/en/releases/investment-ab-latour-latour-strengthens-production-capacity-in-europe-for-hultafors-group-ab-through-a-strategic-investment-in-latvia), 2023-03-27: "We are making this investment to strengthen both our expertise and production capacity close to our core markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.