ISA TanTec acquires Auburn Leather
ISA TanTec announces the acquisition of Auburn Leather: at the end of Q2 2018, the group will come into full possession of the brand, the activity, and the assets of the American manufacturer of leather laces.
The ISA TanTec Group continues to grow, with Auburn Leather, a company specialised in the production of leather laces, joining the ranks of its four directly owned tanneries- in the USA, Vietnam, China, and Italy.
The operation will see all current company staff retained, including Lisa Howell, long-term owner of the brand, who will become the “Auburn Brand Ambassador” worldwide. Production will be moved to the ISA TanTec production facilities, while using the same productive processes, hides, chemicals, and equipment to ensure the authenticity and uniqueness of Auburn’s leather laces continues for clientele.
“The integration will create more value – is what was stated in the press release of the ISA TanTec group – through an optimized supply chain and by using a common sales and marketing structure on a global level to provide the best possible service to our clientele”.
Known around the world for its LITE (Low Impact to the Environment) Trademark, ISA TanTec is majority owned by its founder, management, and Navis Capital partners, one of the largest private equity firms in Asia.