Grupo Kóndor

  • Member iK Banca de inversión SAS
  • Sector Consumer
  • Date completed 1.01.1970
  • Client Grupo Kóndor
  • Country Colombia
  • Acquirer Portwest
  • Country Ireland

Portwest, a global leader in workwear, safety footwear, and personal protective equipment (PPE), has acquired a majority shareholding in Grupo Kondor Colombia S.A.S., the market leader in safety footwear in Colombia.

The acquisition supports Portwest’s strategy of expanding its global manufacturing and distribution footprint and strengthening its position in key Latin American markets. The company now employs over 6,400 people worldwide across Europe, the Americas, Asia, and Australasia.

Founded more than 40 years ago, Grupo Kondor is recognised as Colombia’s leading brand for high-performance safety footwear. With more than 300 employees, the company designs, manufactures, and distributes protective footwear engineered to meet the demands of multiple industries across the country.

The acquisition also opens new opportunities for collaboration between Grupo Kondor and Base Protection, Portwest’s premium Italian safety footwear brand. Both companies will share design expertise and innovation in comfort and performance, bringing advanced European safety footwear technology to Latin American markets while leveraging Kondor’s local production and distribution strengths.

iK Banca de inversión SAS
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