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.

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 be announced at that time. Until then, customer service and order fulfillment will continue to be handled separately through each company's office.


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. 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 ...read more

Fitness: Did you hear?...

>> The creator and founder of the PowerBar empire that is partly responsible for spawning the sports energy and sports food category has died of a heart attack. Brian Maxwell, 51, collapsed in a post office in Marin County just north of San Francisco near his home. Attempts to ...read more

Did you hear?... Brunswick Corporation sells Igloo

Brunswick Corporation (NYSE: BC) has sold its last outdoor business, the company announced. Westar Capital, a private investment firm in Costa Mesa, Calif., has bought the Igloo cooler business from Brunswick. "With this transaction, we have essentially completed the planned ...read more

Outdoor: Did you hear?...

>> Dunham will be a co-presenting sponsor of this year's Banff Mountain Festivals. This year's events will be held at The Banff Centre in the town of Banff, Alberta, from November 4-9, 2003. Dunham will also be the co-presenting sponsor of the 28th annual Banff Mountain Film ...read more

Did you hear?... Horny Toad moves its offices to Santa Barbara

After six chilly and windy years in the Midwest, Horny Toad is moving its offices from Chicago, Ill. to sunny Santa Barbara, Calif. The new headquarters, located at 28 East Victoria St. in Santa Barbara, is currently open and occupied by the Horny Toad Sales and Design teams. ...read more

Fitness: Did you hear?...

>> For the second consecutive year, the Club Industry show shared McCormick Place with the Chicago Marathon Expo, held the day after CI closed on Sunday, Oct. 12. SNEWS cruised that expo too and found two fitness industry exhibitors taking a stab at the marathon group, apparently ...read more

Fitness: Did you hear?...

>> The Nautilus Group has reassigned management duties for its international division.Darryl Thomas will now oversee the business outside of North America. Thomas, who will remain in the Vancouver, Wash., headquarters, began with Nautilus in January 2004 as senior vice president ...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

Outdoor: Did you hear?...

>> Bustin' another rumor: GoLite is NOT going bankrupt, is NOT looking for outside investors, and is NOT under pressure by outside investors to pump up the profits for a quick sale. All three rumors were floating around the trade show halls during Outdoor Retailer and, according ...read more