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Parent company of Hang Ten, Airwalk sold to Canadian firm

Published July 16, 2015

IRVINE, Calif. (BRAIN) — D6 Sports, Inc., the parent company of Hang Ten (a bike and surf/skate brand) and Airwalk (a skate and bike shoe brand), has been sold to PTX Performance Products USA LLC.

PTX, headquartered in Toronto, offers PTX Performance sporting goods for hockey, soccer, baseball, lacrosse and tennis. It also owns Stable 26, a brand that offers silcone-padded socks, and Global Brand Exchange, a close-out product distributor. 

The D6 brands are sold through all levels of distribution, from mass market to specialty bike, skate and surf shops.

"The acquisition of our first U.S.-based company is a significant milestone for PTX Performance," said PTX Performance Products' president, Ryan Landen. "I am looking forward to expanding U.S. distribution and deepen ties with the sporting goods market with an expanded category assortment. This acquisition is part of a continued strategy to drive sales and enhance the connection between our brands, retailers and consumers. Taking into account both companies' extensive portfolios in licensing, I see this as a natural fit with a future structured to better support our family of brands." 

Topics associated with this article: Mergers & Acquisitions

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