Browsing Tag Mergers/acquisitions
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11 May 2012 at 09 : 22 AM
Life Time Fitness acquires CEO Challenges
Based in Boulder, Colorado, CEO Challenges, the leading player in organising multisport competitions for CEOs, has been acquired by Life Time Fitness Inc, ‘the Healthy Way of Life Company’. Terms of the deal, understood to have been completed on 23 April, were not disclosed. CEO Challenge events planned for 2012 include the Race Across America, YPO ...
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26 April 2012 at 08 : 48 AM
Accell Group acquires Raleigh Cycle
Having confirmed that discussions were under way earlier this month, Accell Group NV has reached agreement on the acquisition of all issued shares in Raleigh Cycle. The acquisition of Raleigh adds well-known global brands to the portfolio of Accell Group and further strengthens Accell Group’s position in North America and the UK in the markets for ...
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25 April 2012 at 12 : 44 PM
Human Race and Participate Sport merge to form UK’s largest mass participation events company
Two leading multisport, mass participation events companies are joining forces to create ‘the UK’s largest and most diverse mass participation events company; owning and delivering over 55 events in triathlon, cycling, running, duathlon, aquathlon and open water swimming for over 100,000 participants of all abilities and ages.’ Participate Sport ...
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5 April 2012 at 10 : 35 AM
Shimano Europe acquires Bike Fitting BV
Shimano Europe Holding has acquired Bike Fitting BV, an ‘innovative and internationally recognized company that translates insights obtained from biomechanics and the science of human movement into practical measuring instruments, which can be used for optimizing cycling efficiency and comfort.’ Marc van Rooij, President of Shimano Europe Holding ...
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3 April 2012 at 08 : 04 AM
Accell Group enters exclusive discussions to acquire Raleigh
Accell Group NV, which owns brands such as recently acquired Van Nicholas, alongside Koga and Lapierre amongst others, has a new announcement today. The company has confirmed that, on the basis of a heads of agreement, it is engaged in exclusive discussions with Raleigh Cycle Limited and its shareholders, which, if successfully concluded, could lead to the ...
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2 April 2012 at 11 : 29 AM
Shake-up in US run retail as Finish Line teams up with Gart Capital Partners
US running retailer The Finish Line Inc has confirmed that Gart Capital Partners (GCP) is making a US$10 million strategic investment in Finish Line’s Running Specialty Group, with the goal of creating the US nation’s single largest operator within the growing specialty running business, a market that has been estimated at up to US$1 billion. Under this ...
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26 March 2012 at 21 : 40 PM
2XU acquires US distributor Sports Multiplied
Leading high performance sports apparel brand, 2XU, has confirmed the acquisition of its US based distributor, Sports Multiplied LLC (SM). Following a successful six year relationship with the west-coast based company, Australian owned 2XU has elected to invest directly in the US market and will spearhead all business operations under a new US based entity ...
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21 March 2012 at 12 : 57 PM
5430 Sports re-emerges in Boulder
5430 Sports, the Boulder-based sports event management company founded in 2004 by Barry and Jodee Siff, will once again direct the very popular Boulder Downtown Running Series. As 5430 points out in its latest release about the re-emergence of the company – the Boulder Triathlon Series, which was once a part of 5430 Sports, will remain under the ...
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13 March 2012 at 09 : 46 AM
Ironman Cairns sees Challenge Family terminate USM contract
Hot on the heels of its acquisition of USM Events, World Triathlon Corp (WTC) is adding Ironman Cairns to its 2012 lineup. In response, Challenge Family has terminated its agreement with USM Events to deliver Challenge Cairns following what it calls a ‘breach of contract’ by the Australian event organiser. Challenge Family response As noted by the ...
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9 March 2012 at 13 : 08 PM
Swisscom acquires Datasport
On 1 March 2012, telecom services specialist Swisscom acquired Datasport AG, a leading international service company for popular and mass sporting events. Datasport based in Gerlafingen was founded in 1983 and now employs 21 full-time and 67 part-time employees. It will continue to operate as an independent company and brand. The acquisition of Datasport ...
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