Mergers, Acquisitions & Investments
VALENCIA, CA (BRAIN)—Valencia Sport Group, parent company of SixSixOne, Sunline and Royal brands has restructured and recapitalized, partnering with L.A. based equity firm Triple 7 Group.
RYE, NY (BRAIN)--Jarden Corporation has signed a merger agreement under which Jarden will acquire K2 for $1.2 billion in a stock and cash deal.
BY SEAN HONG
MILAN, Italy--Oakley, the Southern California eyewear maker that American pro cyclists Greg LeMond and Andy Hampsten helped popularize during the 80s, will merge with former rival Luxottica Group later this year.
SUFFOLK, England (BRAIN)—Ultra Motor, a British e-bike manufacturer, has acquired American Electric Cycle and Fitness, a company owned by longtime e-bike veterans Ed Benjamin and Mike Fritz.
CHICAGO, IL (BRAIN)—SRAM and Zipp have signed a non-binding letter of intent for SRAM to acquire Zipp. The acquisition is expected to be completed within 60 days.
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