Shimano buys Pearl Izumi

[Oyez Oyez]

Shimano buys Pearl Izumi

par Oyez Oyez » Mar Fév 19, 2008 11:30 am

Author: BikeRadar

[img:280:162]http://mos.bikeradar.com/images/news/2008/02/19/pearlizumi-280-80.jpg[/img]

Two companies with Japanese heritage

Shimano has purchased Pearl Izumi from Nautilus, Inc., according to David Pfeiffer, president of Shimano American Corporation.

Pearl Izumi becomes a wholly owned subsidiary of Shimano’s U.S. operations, and will continue to operate from its facilities in Broomfield, Colorado and Kirchzarten, Germany.

“The acquisition brings together two companies started by Japanese families who share a passion for cycling,” said Pfeiffer. “Both have strong research and development backgrounds, offer industry leading innovations, and share an obsession with quality and performance. We’ll continue to build the respective brands and remain dedicated to the healthy independent dealer networks we’ve both enjoyed.”




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