For $420 million, Peloton gets 625,000 square feet of manufacturing capacity and nearly 100 dedicated R&D staff. Peloton specializes in offering exercise equipment and services allowing people to work ...
The investment includes a substantial upgrade to the gym equipment, including the total replacement of its strength equipment with Oldham Active’s new partner Precor, a leading supplier to the ...
Peloton has announced that it intends to acquire Precor, one of the world’s largest suppliers of commercial fitness equipment. You probably recognize the Precor brand name if you’ve ever spent time in ...
Illinois Tool Works announced yesterday that it plans to sell Precor, the Woodinville-based exercise equipment manufacturer. Illinois Tool Works bought Precor in 1999 when it acquired a portfolio of ...
(Bloomberg) — Peloton Interactive Inc. agreed to buy fitness-equipment company Precor for $420 million to gain U.S. manufacturing capabilities and new expansion opportunities. The deal is expected to ...
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