K2 parent company Newell Brands INC has signed an agreement to sell it’s winter sports business which include brands, Ride, Vokl, Marker, Dalbello, Madshus, Line, Fulltilt, Atlas, Tubbs and BCA, to Kohlberg & Company a private equity firm specializing in middle market investing.
Kohlberg and Company acquired the brands from Newell Brands for $240 million. The sale of the winter sports, division is part of Newell Brands ongoing strategy to accelerate growth by simplifying and strengthening it’s portfolio according to the announcement.
About Ride Snowboards
Founded on 7 th November 1992.
Burning through the hype, to find real technologies that address individual riders needs.
Ride Snowboards Manufacturers Of
– Outerwear & Accessories.