What happened to Precor?
After the deal is closed sometime in early 2021, Precor will operate as a business unit within Peloton and continue to make its own branded products, which it already sells in more than 100 countries.
Is Precor still in business?
The deal is expected to close in early 2021. Once it is completed, Precor will operate as a business unit within Peloton, the company said. As it joins Peloton, Precor will continue to sell its existing brands.
Who owns Precor Home fitness?
Amer Sports Corporation
Precor is purchased from ITW, becoming a subsidiary of Amer Sports Corporation, the world’s largest sports equipment company, with internationally recognized brands Wilson, Atomic, Suunto, Salomon, Arc’Teryx and Mavic.
Is Precor a good brand?
Precor is a trusted fitness brand that manufactures high-end commercial gym equipment including elliptical trainers, cycles, treadmills, climbers, and more. Affiliated with Amer Sports, a leading sports equipment company, it’s no wonder this tried and true brand has landed at the top of our list.
Does peloton own Precor?
Peloton snapped up Precor for $420 million to add U.S. manufacturing capability to the online fitness platform company that saw a revenue increase of 128 percent in its most recent fiscal quarter.
Has peloton bought Precor?
Peloton acquired Precor for $420 million in cash, subject to customary adjustments for working capital, transaction expenses, cash and indebtedness. The acquisition of Precor was announced on December 21, 2020.
Who sold Precor?
Peloton
Peloton acquired Precor for $420 million in cash, subject to customary adjustments for working capital, transaction expenses, cash and indebtedness. The acquisition of Precor was announced on December 21, 2020.
When did peloton acquire Precor?
December 21, 2020
Transaction Details Peloton acquired Precor for $420 million in cash, subject to customary adjustments for working capital, transaction expenses, cash and indebtedness. The acquisition of Precor was announced on December 21, 2020.
Where is Precor made?
WOODINVILLE, WA – Precor has opened and begun operations at its new facility in Guilford County, North Carolina, near Greensboro. The plant, which will produce Precor strength products, replaces a smaller facility in Valencia, CA.
Who makes the highest quality gym equipment?
The 5 Best Luxury Gym Equipment Brands in 2021
- Life Fitness SYNRGY360. As fitness has evolved to become more functional, and more about core stability and challenging different groups of muscles simultaneously, so has luxury gym equipment.
- Balanced Body Studio Reformer.
- CorePump.
- TechnoGym SkillMill.
- Access Control Systems.
Which gym brand is best?
Following are some of the most popular and recommended brands in gym machinery:
- Life Fitness.
- Sports Art.
- Being Strong.
- Fitline.
- KFS Fitness.
- Viva Fitness.
- Fitness World.
Why did Peloton purchase Precor?
Peloton snapped up Precor for $420 million to add U.S. manufacturing capability to the online fitness platform company that saw a revenue increase of 128 percent in its most recent fiscal quarter. (Photo courtesy Peloton.)
Why buy from Precor home fitness?
Buy Exercise Equipment Precor Home Fitness is a premier workout equipment store that offers a wide range of fitness machines and accessories from leading industry brands. Equip your home gym with top-quality exercise equipment designed to help you reach your fitness goals.
What does Precor do?
WATCH VIDEO: Precor manufactures premium fitness equipment that personalizes health and fitness experiences worldwide. WATCH VIDEO: Precor manufactures premium fitness equipment that personalizes health and fitness experiences worldwide.
Where can I buy the best home fitness equipment?
Precor Home Fitness carries the best selection of premium home fitness equipment. Whether you’re looking for an elliptical or treadmill for a home cardio workout or free weights to get you back into strength training, we’ve got options you’ll love.
Why choose our Anchorage fitness equipment store?
Our Anchorage fitness equipment store carries an extensive inventory of top-performing exercise equipment for your home gym. Here, you can find everything you need to upgrade or build your own home fitness space and enhance your workout routines.