JOHNSON OUTDOORS ACQUIRES DIVING TECHNOLOGY VENTURE - OCTOBER 2015
RACINE, Wis., Oct. 28, 2015 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc.(Nasdaq:JOUT) today announced the Company has acquired SEABEAR Diving Technology, a dive innovation start-up specializing in the development of underwater instrumentation through unique application of new and emerging technologies. Founder and principal, Arne Sieber, will join the Company's Diving unit which makes and markets SCUBAPRO® branded dive equipment sold in over 80 countries.
"The power and appeal of Johnson Outdoors' iconic SCUBAPRO® brand, our deep knowledge of the dive consumer, and legacy of pioneering innovation, combined with SEABEAR's technology expertise will strengthen innovation and enhance opportunities for sustainable growth in the future," said Helen Johnson-Leipold, Chairman and Chief Executive Officer, Johnson Outdoors.
ABOUT JOHNSON OUTDOORS INC.
JOHNSON OUTDOORS is a leading global outdoor recreation company that turns ideas into adventure with innovative, top-quality products. The company designs, manufactures and markets a portfolio of winning, consumer-preferred brands across four categories: Watercraft, Marine Electronics, Diving and Outdoor Gear. Johnson Outdoors' familiar brands include, among others: Old Town® canoes and kayaks; Ocean Kayak™ and Necky® kayaks; Carlisle® paddles; Extrasport® personal flotation devices; Minn Kota® motors; Cannon® downriggers; Humminbird® marine electronics; LakeMaster® electronic charts; SCUBAPRO® and SUBGEAR® dive equipment; Silva® compasses; Jetboil® outdoor cooking systems; and Eureka!® camping and hiking equipment.
CONTACT: AT JOHNSON OUTDOORS INC.DAVID JOHNSON VP & CHIEF FINANCIAL OFFICER 262-631-6600 PATRICIA PENMAN VP - GLOBAL MARKETING SERVICES & COMMUNICATION 262-631-6600
Source: Johnson Outdoors Inc.
News Provided by Acquire Media
Tagged Announcements