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.
