SGB Update Outdoor
Dorel Completes Sale Of Sports Segment To Pon Holdings
Dorel Industries, Inc. announced that it has completed the previously-announced sale of Dorel Sports, its bicycle segment, to Pon Holdings B.V., a Dutch mobility group, for US $810 million, representing approximately CAD $1.03 billion. Dorel Sports includes Cannondale, Schwinn, GT, Mongoose, Caloi, and IronHorse.
NSGA Announces 2022 Hall Of Fame Class
The National Sporting Goods Association (NSGA) announced Michael Gotfredson Sr., of Road Runner Sports, Wilson “Bill” Hunt of Champro and Bill Sorenson of American Sports Products Group as inductees to the organization’s Hall of Fame.
Pure Archery Group Hires Mid-Atlantic Territory Manager
Pure Archery Group has hired industry veteran Caleb Moser as a territory manager for the Northeast including New York, New Hampshire, New Jersey, Massachusetts, Connecticut, Maine, Vermont, and Rhode Island.
Platinum Equity Completes Deal For Pelican Products
Platinum Equity announced the completion of its acquisition of Pelican Products, the maker of protective cases for professionals and outdoor enthusiasts. Pelican CEO Phil Gyori will continue to lead the company following the transaction.
Wilson Combat Acquires Lehigh Defense
Lehigh Defense will join other Wilson-owned companies Chip McCormick Custom, Circle WC Ranch, Khumba Bush Camp, Scattergun Technologies, Wilson Custom Ammunition, and Wilson Combat to expand the group’s presence in the firearms and hunting marketplace.
CODI Declares Fourth Quarter 2021 Distributions
Compass Diversified (CODI) announced that its Board of Directors has declared a quarterly cash distribution of 25 cents per share on its common shares.
Emerald Acquires MJBiz
Emerald Holding, Inc. announced that it has completed the acquisition of MJBiz, the event producer and content platform serving a wide range of companies operating in the cannabis industry.
Compass Diversified Appoints Board Member
Compass Diversified announced that Alex Bhathal has been appointed to its Board of Directors. With Bhathal’s appointment, the Board will expand to nine directors.
Big Daddy Unlimited Appoints Vice Chairman
Big Daddy Unlimited, the members-only online guns and gear store, announced that Jeffrey Hayzlett has joined the company as vice-chairman.
Horizon Firearms Acquires Stiller’s Precision Firearms Assets
Kaspar Outdoors/Ratliff Traditions, LLC, the parent company of Horizon Firearms, Iota Outdoors and TX Ammo, announced the acquisition of Stiller’s Precision Firearms assets.
Garmin Acquires Vesper Marine
Garmin, Ltd. announced it has acquired Vesper Marine, a privately-held provider of AIS, VHF and vessel monitoring solutions for the marine industry.
Clarus Appoints COO And CFO
Clarus Corp. announced that Aaron J. Kuehne has been promoted to the new role of executive vice president and chief operating officer and Michael J. Yates has been appointed as chief financial officer.
Texworld New York Shifts To Virtual-Only Show
The Winter 2022 edition of Texworld New York City and Apparel Sourcing New York City trade shows, scheduled to run January 25-27, has moved to online-only following the nationwide rise in COVID variant cases.
Vail Resorts Closes Its Acquisition Of Pittsburgh Resorts
Vail Resorts, Inc. announced that it has closed on the acquisition of Seven Springs Mountain Resort, Hidden Valley Resort and Laurel Mountain Ski Area in Pennsylvania.
Happy New Year!
SGB Media wishes all the best to you and your family as we head into 2022. We look forward to working together throughout the upcoming New Year!
