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

• By Med-Fit Systems, Inc.
  May 22, 2017

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

• By Nautilus
  May 12, 2017

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

• By Mary Suhr
  May 12, 2017

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

• By Core Fitness
  May 12, 2017