Johnson Outdoors Inc. Acquires Canoe Sports NZ Business
Apr 12, 2001, 01:00 ET from Johnson Outdoors Inc.
RACINE, Wis., April 12 /PRNewswire/ -- Johnson Outdoors Inc. (Nasdaq: JOUT) announced the acquisition of Fibrekraft Manufacturers Ltd., a manufacturer of paddles and watercraft accessories based in Napier, New Zealand. Johnson Outdoors will fold Fibrekraft into its New Zealand subsidiary. Fibrekraft, primarily under its brand Canoe Sports, is recognized as a leader in the design and production of high-quality paddles, helmets and other paddle sport accessories. Helen Johnson-Leipold, Chairman and Chief Executive Officer of Johnson Outdoors, commented, "The addition of Fibrekraft bolsters our accessories line and innovation capabilities to further accelerate growth, especially in targeted international markets. This action fits nicely with our Pacific Kayak operation in Auckland and our strategic criteria." Johnson Outdoors Inc. is a global company engaged in the design, manufacture and marketing of branded outdoor recreation products, including: Watercraft: Old Town(R) canoes and kayaks, Ocean Kayak(TM), Necky and Dimension(R) kayaks, Leisure Life watercraft, Escape(R) sailboats, Carlisle(TM) paddles and oars, Extrasport(R) and Swiftwater(R) personal flotation devices Diving: Scubapro(R) diving equipment, Aladin(R) and Uwatec(R) instruments Motors: Minn Kota(R) electric motors, Airguide(R) instruments Outdoor Equipment: Jack Wolfskin(R) outdoor clothing, footwear and equipment, Eureka!(R) tents and Camp Trails(R) back packs, Eureka!(R) and Losberger commercial tents, Silva(R) compasses
SOURCE Johnson Outdoors Inc.
RACINE, Wis., April 12 /PRNewswire/ -- Johnson Outdoors Inc. (Nasdaq: JOUT) announced the acquisition of Fibrekraft Manufacturers Ltd., a manufacturer of paddles and watercraft accessories based in Napier, New Zealand. Johnson Outdoors will fold Fibrekraft into its New Zealand subsidiary. Fibrekraft, primarily under its brand Canoe Sports, is recognized as a leader in the design and production of high-quality paddles, helmets and other paddle sport accessories. Helen Johnson-Leipold, Chairman and Chief Executive Officer of Johnson Outdoors, commented, "The addition of Fibrekraft bolsters our accessories line and innovation capabilities to further accelerate growth, especially in targeted international markets. This action fits nicely with our Pacific Kayak operation in Auckland and our strategic criteria." Johnson Outdoors Inc. is a global company engaged in the design, manufacture and marketing of branded outdoor recreation products, including: Watercraft: Old Town(R) canoes and kayaks, Ocean Kayak(TM), Necky and Dimension(R) kayaks, Leisure Life watercraft, Escape(R) sailboats, Carlisle(TM) paddles and oars, Extrasport(R) and Swiftwater(R) personal flotation devices Diving: Scubapro(R) diving equipment, Aladin(R) and Uwatec(R) instruments Motors: Minn Kota(R) electric motors, Airguide(R) instruments Outdoor Equipment: Jack Wolfskin(R) outdoor clothing, footwear and equipment, Eureka!(R) tents and Camp Trails(R) back packs, Eureka!(R) and Losberger commercial tents, Silva(R) compasses SOURCE Johnson Outdoors Inc.
Share this article