Stronger together: U‑Power acquires KÜBLER, combining their expertise for further growth in Europe

Plüderhausen (Stuttgart) / Paruzzaro (Novara), September 9^th, 2026 – U-Power and KÜBLER are opening a new chapter in their corporate development together. On August 21^st, 2026, U-Power – a leading player in the European PPE market controlled by Renaissance Partners and the Uzzeni Family – signed binding agreements to acquire 100% of Paul H. Kübler Bekleidungswerk GmbH & Co. KG. The partnership brings together two leading European companies in the PPE sector, each with distinct strengths, well-established market positions and proven distribution networks. Together, U-Power and KÜBLER will further expand their presence in Europe and unlock new growth potential.

The acquisition marks a further milestone in U-Power’s strategy to build the leading pan-European platform in PPE sector and to expand from its core strength in safety footwear towards a comprehensive “head-to-toe” offering. Following the recent acquisition of CERVA Group, the addition of KÜBLER reinforces U-Power’s presence in Germany, the largest PPE market in Europe, through a long-established and recognised local brand.

U-Power is the leading player in the European safety footwear market and the #1 brand in Italy, France and Spain. The Group is recognized for its Italian design, superior comfort, innovative product solutions and a high level of technological expertise.

For more than 70 years, KÜBLER has been developing high-quality workwear, protective clothing and corporate wear for professional users and is one of the established workwear specialists, particularly in the German-speaking markets. Based in Plüderhausen (Stuttgart), the company stands for strong product and development expertise, functional design and long-standing partnerships with specialist retailers and industry.

Combining strengths: growing together

U-Power brings its international presence, strong position in safety footwear and workwear, and its distribution networks. KÜBLER complements the Group with decades of expertise in workwear and PPE, a strong market position particularly in the DACH region, and an established specialist retail network. Together, this creates a broader offering for professional users and the opportunity to leverage the respective strengths and market positions of both companies for further growth.

“With KÜBLER, we are gaining a strong and long-established workwear brand that is an excellent addition to our existing portfolio. Our companies share a strong commitment to product quality, innovation and customer proximity. At the same time, we have different strengths and market positions. This is precisely where the great potential of our partnership lies. Together, we aim to further strengthen our position in Europe and offer our customers an even more comprehensive range of workwear, safety footwear and personal protective equipment.” says Franco Uzzeni (Founder and Chairman of U-Power).

“The combination of KÜBLER and U-Power represents a strategic step in building one of the largest PPE players in Europe. The integration of expertise, products and distribution networks will allow the Group to deliver even greater value to its customers across Europe.” added Eugenio Cecchin (CEO of U-Power).

A long-term perspective for KÜBLER

For Thomas Kübler, who led and shaped the family business founded by his father, Paul H. Kübler, in the second generation and developed it over several decades, the company’s long-term perspective was a key consideration in selecting the new owner. The fact that KÜBLER can continue its development within another owner-managed group was an important aspect for him.

“For me, the decisive factor was finding a long-term succession solution that offers KÜBLER, our employees and our partners a strong perspective for the future. With U-Power, we have found a partner that understands our industry and shares our conviction that quality, innovation, customer proximity and entrepreneurial responsibility are the foundations of sustainable success. I am particularly pleased that KÜBLER will continue its journey within another owner-managed company. I am convinced that our companies, with their respective strengths, will complement each other extremely well and benefit from one another.” says Thomas Kübler

KÜBLER remains KÜBLER with new opportunities

KÜBLER will continue to operate in the market with its established brand, product expertise and close relationships with customers and specialist retailers. The existing management team will continue to drive the company’s operational development.

For customers and business partners, continuity therefore remains the priority: familiar contacts will remain in place, existing agreements will continue to apply and ongoing projects will proceed as usual.

“For us, joining forces marks the starting point of a new phase of development for KÜBLER. We remain KÜBLER – with our brand, our closeness to the market and our product expertise. At the same time, U-Power opens up additional opportunities for us to expand our international presence and further develop our offering. We look forward to seizing these opportunities together and actively shaping KÜBLER’s future within a strong European group of companies.” says Richard Scheiner (CEO of KÜBLER)

Stronger together in Europe

U-Power and KÜBLER will preserve their respective strengths while consistently leveraging the opportunities created by the combination. The value creation plan is built around operational and supply-chain synergies, the expansion of the workwear offering, the roll-out of a full "head-to-toe" range under both brands, and cross-selling across the two groups' European networks. Their shared ambition is clear: a long-term growth strategy and an even stronger position in the European market for workwear, safety footwear and personal protective equipment.

Closing remains subject to customary regulatory clearances and is expected to occur in Q1 2027.


About U-Power

U-Power, founded in 2006 and headquartered in Paruzzaro (Italy), is a European leader in safety work footwear and also operates in the workwear segment. The group operates the U-Power, Jallatte, and Aimont brands and supplies its products to more than 10,000 specialized retailers in over 50 countries. U-Power is recognized for its Italian design, high-quality products, and commitment to sustainability, with fully carbon-neutral product lines and an EcoVadis Gold rating (Top 5%).

About KÜBLER

For more than 70 years, KÜBLER has been developing high-quality workwear and protective clothing for professional users. Based in Plüderhausen, the company stands for innovative product solutions, high-quality standards and functional design. With a broad portfolio of workwear and personal protective equipment and a strong presence in specialist retail, KÜBLER is one of the established workwear brands in the German-speaking and European markets.