INDEPENDENCE, VA—Med-Fit Systems, Inc., manufacturer of the Nautilus commercial products, announced today that an agreement has been reached to purchase substantially all of the assets of SportKAT LLC early next month. The move will expand its employment level and offer a ...read more
Med-Fit Systems, owner of Nautilus commercial fitness equipment, is putting the assets up for sale after four years of ownership. Nautilus commercial is separate from the home fitness side of the brand, which is separately run by Nautilus Inc. Med-Fit purchased the commercial ...read more
VANCOUVER, Wash.-- Fitness company Nautilus, Inc. (NYSE: NLS), (the “Company”) announces today that it has entered into definitive agreements for the sale of certain assets of its commercial business to Fit Dragon International Ltd. The agreements provide for the sale of certain ...read more
Med-Fit Systems, a specialist in physical therapy and long-term care equipment, has acquired the remaining commercial assets of Nautilus and plans to expand the dealer network, introduce new equipment, and keep most strength manufacturing in Virginia. The deal, which was ...read more
Med-Fit Systems, Inc., manufacturer of Nautilus® commercial products has announced an agreement to purchase substantially all of the SportKAT Company's assets.“Purchasing of the SportKAT Company provides us with a platform to fulfill our mission statement- providing products ...read more
The transaction consists of separate terms and conditions for each brand. With respect to Schwinn(R), Fit Dragon is acquiring a license for the indoor cycling products for the Schwinn(R) Fitness brand for use in the commercial channel. The license will include complete rights to ...read more
Med-Fit Systems, Inc., manufacturer of Nautilus® commercial products, announced today that they have hired industry veteran, Mike Herlihy for the role of Government Sales Manager.Herlihy has been in the industry for 20 years and has worked for manufacturers, such as Precor Inc., ...read more
Independence, VA—Med-Fit Systems, Inc., manufacturer of Nautilus® commercial products, announced today that they have partnered with First Nations Capital Partners, a southern California investment fund. “The partnership with FNCP will facilitate our aggressive growth plans ...read more
Woodinville, WA (February 12, 2007) SportsArt Fitness, a leader in the design, development and manufacture of premium quality commercial and residential exercise equipment, is pleased to announce a number of management changes within their commercial sales division. Effective ...read more