Vista Outdoor Inc. announced the acquisition Wednesday. Fox Racing joins Giro, Bell, and CamelBak under the group’s expanding brand umbrella.
It’s the latest high-profile acquisition for Vista Outdoor Inc., which adds the Fox banner to its existing portfolio including Giro, Bell Helmets, CamelBak, and a host of hunting brands. Metz concluded that “[t]he addition of Fox Racing to our portfolio will allow us to target multiple consumer demographics across mountain and road biking, skiing/snowboarding, and powersports.”The outlook for Fox Racing looks familiar in the course of corporate acquisitions. Metz’s further comments indicated oncoming consolidation.
He concluded by acknowledging that acquired companies often don’t retain their established identity. But he remains hopeful that Vista Outdoor’s team can help Fox stay on track.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter hires Wachtell legal firm to sue Elon Musk for ending $44bn acquisition\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t I think it’s a cheap, fake telecomm. Musk certainly got a lot of free press, tough... maybe that's what he really wanted? Just saying... Desperate 😂
Source: FT - 🏆 113. / 51 Read more »
Source: VideoGamerCom - 🏆 83. / 55 Read more »