Implus Footcare LLC has acquired Highgear, the provider of performance watches, navigation tools and accessories. The acquisition comes as Implus continues its commitment to expanding its current outdoor and sporting goods product offerings.
Highgear's products include altimeters, compasses, pedometers and navigational devices, as well as licensed New Balance sports monitors.
“Joining the Implus family provides Highgear with a new sense of energy and additional resources to continue our growth and expansion, and to meet the changing needs of the outdoor market,” said Mike Hosey, President and Founder of Highgear. “The shared strengths and synergies we have with Implus was obvious from the get go, making this transition a natural fit for the Highgear brand.”
“The addition of Highgear® to the Implus brand family greatly increases our reach to the growing outdoor consumer segment,” said Todd Vore, President of Implus. “Highgear’s® line of products allows us to meet the many needs of outdoor enthusiasts and complements our other outdoor brands: Yaktrax, Granger’s and Little Hotties Hand & Body Warmers.”
The acquisition of Highgear comes on the heels of the company's relocation to an expanded facility in Research Triangle Park, North Carolina. Boasting over 252,000 square feet, the new Implus location brings all of Implus’ distribution operations under one roof. Over the last two years, the company has successfully acquired and grown three major brand expansions: Yaxtrax, a unique line of winter traction footwear, Sneaker Balls, a line of sports air fresheners, and Little Hotties Warmers, a leading provider of hand, body and toe warmers. Implus also became the North American distribution channel for Grangers, a leading company specializing in performance care treatments for fabrics and leather.
