27/09/2012

Business news : Scott Sports Acquires Garmont’s NA Distribution for Undisclosed Price

Sun Valley, ID, September 26, 2012 — SCOTT Sports and GARMONT announced today that the two companies have joined forces in the US. Over time, GARMONT USA will be merged with SCOTT USA’s operations located in Portland, OR, Salt Lake City, UT or Ogden, UT.  At the same time, SCOTT has acquired the Life-Link business from GARMONT and will develop the Life-Link brand worldwide.

The addition of GARMONT USA will increase SCOTT’s already diverse portfolio of winter sport hardgoods, outdoor apparel and accessories.  Along with the GARMONT brand, GARMONT USA’s portfolio of well-known companies includes Life-Link and Bridgedale Socks, all of which will be distributed by SCOTT USA in the United States, Canada and Mexico.

Commenting on the transaction, SCOTT Sports Owner and CEO Beat Zaugg said, “We are very excited about today’s announcement as it marks another important step in our planned and controlled growth strategy as an innovative brand that offers year round products from head to toe. Adding GARMONT’s line of ski boots and outdoor footwear to our North American distribution helps to promote cross-selling opportunities with other SCOTT products and expands our reach to winter and outdoor retailers.”

Achille Morlin, GARMONT owner and President, added, “This partnership helps reinforce and expand the GARMONT brand presence on the North American market, ensuring a strong platform for continued growth and further strengthening our customer relationships.”
SCOTT USA will take over GARMONT’s North American operations beginning on September 26th 2012.  All pre season orders will be honored and shipped per the terms of dealer agreements.

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