KF Manufacturing acquires BUSM Group

18/12/2006

KF Manufacturing LLC of Haverhill, MA, USA, has acquired the assets of BUSM Group, Ltd., of Leicester, England.

The acquisition unites under common ownership property of the USM and Samco brands, including more than 250,000 drawings, several patents and worldwide trademarks.

Additionally, USM will acquire USM Taiwan, Ltd., which operates a manufacturing plant in Taichung, and a service facility in Dongguan, China, which will provide the company with a foothold in the Asian footwear marketplace.

USM also operates Multibrand, a machinery manufacturer in Novo Hamburgo, Brazil

“Since our initial acquisition of International Shoe Machine Co. in 1998, we have recognised the need to merge key machine companies to create a global platform. This deal greatly enhances USM’s ability to become a leading machinery provider to the footwear industry,” said Michael Taricano, CEO, at KF.