Work gloves designer and manufacturer Mechanix Wear — a portfolio company of Gryphon Investors — acquired Portland, OR-based Kinco.
Terms of the transaction were not disclosed.
Established in 1975, Kinco manufactures and distributes gloves for farm, outdoor and industrial use, with a presence in the ski and snowboard market. The company’s products are sold through retail partners and direct-to-consumer channels.
MDM Case Study: Fastenal (Premium access here)
Kinco current owner Travis Kindler will stay on as President, reporting to Mechanix Wear CEO Jesse Spungin, and will retain a minority stake. The acquisition also includes Welch, a U.S.-based work and safety suspender business owned by Kinco.
“As leading, family-run protective apparel brands, our companies share a distinguished history of quality and durability, long-lasting customer relationships and a growth mindset,” Spungin said in a June 23 news release. “Kinco is a natural complement to the Mechanix Wear platform and will broaden our product portfolio and channel footprint, expanding upon our mission to deliver trusted hand protection.”
MDM’s 1Q25 M&A Report (store link)
This is the second add-on acquisition for the California-based Mechanix Wear platform, following the purchase of Chicago Protective Apparel in August 2021.
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