K2 has reached agreement to acquire V2 Optics, a designer, manufacturer and distributor of high-performance sunglasses and technologically advanced snow goggles. V2 is also the first company to develop a snow goggle specifically for women.
V2’s principal strength is its ability to develop eyewear that combines unique styling with patented technology providing superior optical performance and comfort. Terms of the transaction have not been disclosed, and the acquisition is not expected to have any material effect on sales or earnings in 2003.
