Kinderhook-backed Lodis merges with American Belt
Kinderhook Industries said Wednesday that portfolio company Lodis Accessories has merged with The American Belt Company. The Ford family was the seller. Financial terms weren’t announced. The combined company was renamed American Accessories. Bensalem, Pennsylvania-based American Belt provides men’s accessories, like belts and wallets and small leather goods. Financing for the transaction was provided by PNC Bank. HT Capital Advisors advised The American Belt Company.
21 May 2015•3 mins read
