Amer Sports strengthens its fitness offering through acquisition of Queenax

Amer Sports Corporation PRESS RELEASE July 29, 2015 at 12:15 p.m. Amer Sports strengthens its fitness offering through acquisition of Queenax Amer Sports is strengthening its fitness product and service offering through the acquisition of Queenax, a leading functional training systems provider. Queenax will be integrated into Precor, Amer Sports Fitness business segment...

Amer Sports Corporation

PRESS RELEASE

July 29, 2015 at 12:15 p.m.

 

Amer Sports strengthens its fitness offering through acquisition of Queenax

 

Amer Sports is strengthening its fitness product and service offering through the acquisition of Queenax, a leading functional training systems provider. Queenax will be integrated into Precor, Amer Sports Fitness business segment. The acquisition includes the Queenax brand as well as intellectual property and distribution rights, among others.

Functional strength training is one of the fastest growing segments in the commercial fitness industry. The acquisition will enable Precor to offer its customers a complete functional training system and will further solidify Precor as a leading player in the global fitness equipment and services market.

The acquisition has no material impact on Amer Sports 2015 financial results.

For further information, please visit www.precor.com/queenax.

 

 

For further information, please contact:

Päivi Antola, Director, Corporate Communications and IR, tel. +358 20 7122 537

 

DISTRIBUTION:

NASDAQ OMX Helsinki

Main media

www.amersports.com

 

AMER SPORTS

Amer Sports (www.amersports.com) is a sporting goods company with internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx, Mavic, Suunto and Precor. The company's technically advanced sports equipment, footwear and apparel improve performance and increase the enjoyment of sports and outdoor activities. The Group's business is balanced by its broad portfolio of sports and products and a presence in all major markets. Amer Sports shares are listed on the Nasdaq Helsinki stock exchange (AMEAS).

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