We are pleased to announce that substantially all the assets of KLO Holdings LLC, including the various trademarks of that company have been acquired by The KL Companies, Inc., a newly formed company based in Muskegon, Michigan. This acquisition allows The KL Companies, Inc. to focus on the personal watercraft market and recapture our leadership position in this popular and growing business. The company provides a full line-up of kayaks, canoes, fishing boats and pedal boats that are 100% designed, developed and manufactured in the USA.
“The KL Companies, Inc. will continue the business of the original company under the iconic name KL Outdoors, which is a registered trademark of The KL Companies, Inc. This includes the complete family of well-known brands that have played a major role in the development and growth of this category”, said Bob Farber, President of The KL Companies, Inc. “This new company brings together a unique combination of production capabilities, product assortment, and in-depth industry knowledge that places KL Outdoors in a position to lead the industry. We look forward to and are committed to working with our valued customers to make this category an increasingly important part of their business”. Our clear and unwavering objective is to use our design prowess, production capabilities and industry knowledge to serve all distribution channels within this industry”, continued Farber.
Operations are expected to commence on June 1st, 2020. This is date could be subject to change due to the Covid-19 pandemic and the shelter in place orders that are in effect in Michigan.