EB Sport Group, LLC, has acquired Valeo, Inc.s assets, including all intellectual property. A subsidiary of E&B Brands, EB Sport Group is the parent company of Sportline, Inc., Sports & Leisure Technology Corp. and now Valeo. Together, the companies design, develop and market fitness-based products geared toward fitness monitoring, conditioning, strength training and cardiovascular health under the Sportline, Everlast and Bally Total Fitness brands…
Based in Sussex, WI, Valeo is a leading manufacturer of fitness gear and workplace safety products ranging from lifting gloves, body balls and jump ropes to mechanics gloves, knee pads and joint and back supports. The company recently engaged in an active search for a partner that could best represent the Valeo brand and help take it to the next level.
“We are interested in seeing Valeo grow and, more than any other company, felt EB Sport Group was the best partner to make that growth happen,” says Ted Yewer, founder and CEO of Valeo. “They have respected brands, an outstanding management team and a great reputation in the sport and fitness market. That combination convinced us that they have what it takes to help Valeo reach its next level of potential.”
“For the past 20 years, the Valeo team has built a well-respected brand, a loyal customer base, and a great reputation in the industry. Were thrilled to add Valeo to our portfolio of sport and fitness businesses,” says Brian Anderson, president of EB Sport Group. “We intend to grow the Valeo business by investing in product development, brand development, and by giving the Valeo team the tools they need to continue growing the business.”
Both EB Sport Group and Valeo feel the acquisition allows the two sides to expand and offer a variety of products in the fitness, weightlifting and workplace safety markets. “The future of Valeo is in good hands and we are looking forward to the next chapter under the ownership of EB Sport Group,” says Phil Welch, vice president of sales for Valeo. “They have impressive infrastructure and operational capabilities, as well as a proven history of introducing innovative new fitness gear every year. This change in ownership will enable us to take Valeo to the next level.”