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SWEDEN - Fiskars Corporation to purchase Silva Group

  • Alison Wright
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Fiskars Corporation has signed an agreement to acquire the Sweden-based Silva Group which will include its US-based subsidiary The Brunton Company. The two leading providers of outdoor activity-related products will operate under the Fiskar brands, including the Gerber Legendary Blades Division. Despite the new ownership structure, Silva will continue to operate under the same management team.

The Silva Group has developed, produced and marketed compasses and instruments since the beginning of the 1930s. The Groups activities have all grown from a Swedish invention, which resulted in the world-renowned compass from Silva.The group's current annual NET sales exceed SEK 300 million, with 250 employees worldwide.
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