Brunswick (BC) to Acquire Germany's Indoor Cycling Group
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Life Fitness Plans to Add Indoor Cycling Group to Its Brand Portfolio
July 28, 2016 8:02 AM EDTROSEMONT, IL -- (Marketwired) -- 07/28/16 -- Life Fitness, the global leader in commercial fitness equipment, today announced that its parent company, Brunswick Corporation (NYSE: BC), has signed an agreement to acquire Germany's Indoor Cycling Group (ICG), a leading provider of indoor cycling equipment. Terms of the transaction were not disclosed. The transaction is subject to customary closing conditions and regulatory review and approval by the German competition authority. The approval is anticipated during the third quarter.
Upon completion of the transaction, ICG will become the latest acquisition to join the Company's leading health,... More
