Did you hear?... Matt Lyon purchases the assets of Hydrapak, Inc.

Former Marin Mountain Bikes president Matt Lyon has purchased the assets of Hydrapak, Inc., from Bell Sports.

Former Marin Mountain Bikes president Matt Lyon has purchased the assets of Hydrapak, Inc., from Bell Sports. Bell separated Hydrapak from the Blackburn label last year. The first product line under the new management will be at retail in Spring 2002, and Lyon has already established a sales network of 30 sales representatives throughout the United States. The company is currently shipping remaining 2001 inventory, and will begin shipping its newly introduced product line in January. Hydrapak, will be headquartered in Berkeley. For more information, 510-549-0559. SNEWS® View: The second chunk of Bell's former holdings is sold. The big question here: Can Hydrapak shed its low-end image and compete with the big players in hydration?


Did you hear?... Paddlesport Publishing Inc. signs agreement to purchase assets of Kayak magazine

Paddlesport Publishing Inc. (PPI), publishers of Paddler, Paddle Dealer and The Drake magazines, have signed an agreement to purchase the assets of Kayak magazine, with plans to publish its newest title twice yearly in the spring and fall. Terms of the agreement were not ...read more


Well hydrated: Hydrapak CEO Matt Lyon sees sales double on increased OEM deals

It’s been a busy spring for outdoor hydration product manufacturer Hydrapak and its CEO Matt Lyon. In March and April, the Oakland, Calif.-based company announced several new original equipment manufacturer (OEM) deals to provide its water reservoirs to The North Face, ...read more

Did you hear?... SRAM Corporation purchases RockShox Inc.

SRAM Corporation, a Chicago, Ill.-based bicycle component company, has stepped in to purchase near-bankrupt RockShox Inc. of Colorado Springs, Col. The deal is expected to close by mid-March. Integration of RockShox into the SRAM company will be completed by June with details to ...read more

Chris Hornung purchases Lamar company assets, plans pending

Under the corporate entity of his Next Testing company, former Pacific Cycle CEO and founder Chris Hornung purchased the assets of the former Lamar Fitness company at a Veteran's Day bank auction. The final price was $450,000 for assets and accounts receivable rumored to be ...read more

Fitness: Did you hear?...

>> Retailer Leisure Fitness racked up a few "readers' choice" type awards recently: "Best Fitness Equipment Store" by readers of Delaware Today magazine for the second consecutive year, "Best Fitness Equipment Store on the Main Line" by readers of Main Line Life (in Philadelphia) ...read more

Outdoor: Did you hear?...

>> John Kirsch Jr., president of Sportif USA, was in a dirt bike accident on Feb. 14. Kirsch, 37, suffered a severe spinal injury and a collapsed lung and is currently listed by the hospital in fair condition. During Kirsch's recovery, Sportif's executive management team has ...read more

Did you hear?... Koch Industries, Inc. purchases 50-percent stake in KoSa

Koch Industries, Inc. of Wichita, Kansas, -- www.kochind.com -- has purchased the 50-percent stake in KoSa owned by Mexican-based IMASAB S.A. and, in the process, becomes the sole owner of the company. IMASAB had been Koch's equal investment partner in KoSa until the buyout. ...read more

Fitness: Did you hear?...

For Dec. 21 to Jan. 3 >> Health Fitness Corp. repaid $2 million on a note held by Bayview Capital Partners using funds from the company's $6.25 million Revolving Credit Facility with Wells Fargo Bank. "The prepayment of the Bayview note before its maturity made good financial ...read more

Did you hear?... Cotswold Outdoor has acquired the assets of defunct 9feet.com

British outdoor retailer Cotswold Outdoor has acquired the assets of defunct 9feet.com. The acquisition includes the customer database, as well as some software, but not apparently the name and the stock, according to the UK's outdoor trade newsletter Outdoor i. The internet ...read more