Canadian footwear brand, Kodiak group Holdings Inc., has acquired Terra Footwear, a manufacturer of safety shoes and boots, from the Aleven family, the Company's founders.

President and CEO Kevin Huckle said, "Canadians and consumers around the world expect top quality products from Kodiak and our ability to meet that commitment has now increased as a result," said. "The Aleven family has built a company that has been a first-class competitor and a leader in the industrial shoe industry. We will be actively marketing the Terra brand and its industrial footwear across North America and Europe," he added.

Former Terra President Dan Aleven said, "Terra is a world-class industrial footwear manufacturer with an excellent workforce and two of the world's most technologically advanced industrial shoe manufacturing facilities in Ontario and Newfoundland. We're looking at ways to maximize production capacity at the Harbour Grace and Markdale plants by taking back some of our offshore manufacturing," Huckle said.

Kodiak has assembled a senior management team that includes Dan Aleven, who is its new chief operating officer. He is also a shareholder and will sit on Kodiak's Board of Directors. Robert Worrall, Terra's former senior vice president of Sales and Marketing is the new senior vice president of Sales and David McCarthy, formerly vice president of Sales and Marketing at Kodiak, becomes executive vice president of Marketing.

Terra was founded in 1971 when he revived a former shoe factory in Harbour Grace, Newfoundland. In 1977, Terra acquired a former Kinney shoe plant in Markdale, Ontario and began operating its second manufacturing site.

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