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Article Date: April 2021
Word Count: 102

Peloton Closes Precor Acquisition


PTON finalized the $420 million transaction through which it gains control of Amer Sports’ fitness subsidiary, adding much-needed U.S. manufacturing capacity for its hot-selling exercise bikes and treadmills. It plans to ramp up quickly, targeting the end of 2021 to be producing connected fitness equipment here. In addition, PTON gets a ... Log in to view full article.

 


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