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Peloton Makes Biggest Purchase With $420 Million Precor Deal

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1.Peloton Makes Biggest Purchase With $420 Million Precor Deal

Peloton Makes Biggest Purchase With $420 Million Precor Deal (Bloomberg) — Peloton Interactive Inc. agreed to buy fitness-equipment company Precor for $420 million to gain U.S. manufacturing …

2.Peloton Makes Biggest Purchase With $420 Million Precor Deal

A dds background, deal details, shares. Dec 21 (Reuters) – Exercise bike maker Peloton Interactive Inc PTON.O said on Monday it would buy peer Precor in a deal valued at $420 million, as it looks …

3.Peloton Makes Biggest Purchase With $420 Million Precor Deal

In a press release, Peloton today confirmed its plans to acquire Precor, a maker of home and commercial-grade workout machines, for $420 million. The deal is expected to close by the end of 2021.

4.Peloton Makes Biggest Purchase With $420 Million Precor Deal

Peloton Interactive Inc. agreed to buy fitness-equipment company Precor for $420 million to gain U.S. manufacturing capabilities and new expansion opportunities. Bloomberg’s Jason Kelly speaks …

5.Peloton Makes Biggest Purchase With $420 Million Precor Deal

For Peloton, that necessity is manufacturing space. So yesterday, it agreed to acquire fellow fitness equipment maker Precor for $420 million—the company’s largest purchase to date. The backstory: New Peloton customers know that Jupiter and Saturn may align again before their bike is delivered.

6.Peloton Makes Biggest Purchase With $420 Million Precor Deal

The company which has ridden the workout from home craze better than anyoneannounced on Monday it had agreed to buy fitness-equipment giant Precor for $420 million to gain U.S. manufacturing capabilities and new expansion opportunities.

7.Peloton Makes Biggest Purchase With $420 Million Precor Deal

Exercise bike maker Peloton Interactive Inc said on Monday it would buy peer Precor in a deal valued at $420 million as it looks to boost its U.S. manufacturing capacity and market share for …

8.Peloton Makes Biggest Purchase With $420 Million Precor Deal

Peloton Interactive Inc (NASDAQ: PTON) said in a statement Monday that it had agreed to purchase fitness equipment maker Precor for $420 million. What Happened: The New York-based fitness platform …

9.Peloton Makes Biggest Purchase With $420 Million Precor Deal

Peloton will buy Precor, a commercial fitness equipment company, for $420 million. The deal is Peloton’s largest to date, according to Bloomberg. Peloton sales increasing 172% in 2020, after gyms …

10.Peloton Makes Biggest Purchase With $420 Million Precor Deal

Peloton buys Precor for $420 million, preps for hybrid digital fitness. Peloton’s purchase of Precor brings supply chain heft, a road into the commercial market and a new range of equipment to tackle.

News results

1.Peloton Makes Biggest Purchase With $420 Million Precor Deal

Peloton Interactive Inc. agreed to buy fitness-equipment company Precor for $420 million to gain U.S. manufacturing capabilities and new expansion opportunities.

Published Date: 2020-12-21T22:23:44.0000000Z

2.Peloton to acquire fitness equipment maker Precor in $420M bid to grow commercial business

Peloton has announced that it intends to acquire Precor, one of the world’s largest suppliers of commercial fitness equipment. You probably recognize the Precor brand name if you’ve ever spent time in a hotel or standalone commercial gym,

Published Date: 2020-12-21T22:08:00.0000000Z

3.Peloton will spend $420 million to acquire Precor, known for making fitness equipment found in hotels, health clubs, and university gyms

Peloton sales increased 172% in 2020 after gyms closed due to the COVID-19 pandemic and more Americans invested in at-home fitness.

Published Date: 2020-12-21T23:16:00.0000000Z

4.Peloton to make $420 million acquisition aimed at catching up with backlog of orders; stock jumps

Peloton PTON, +3.25% announced Monday afternoon that it has agreed to acquire another manufacturer of exercise equipment, Precor, at a valuation of $420 million. The deal is aimed at helping Peloton manufacture and deliver more of its exercise equipment …

Published Date: 2020-12-21T22:11:00.0000000Z

5.Peloton to buy peer Precor in $420 million deal

Exercise bike maker Peloton Interactive Inc PTON.O said on Monday it would buy peer Precor in a deal valued at $420 million, as it looks to boost its market share for fitness products. Peloton’s shares,

Published Date: 2020-12-21T22:27:00.0000000Z

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Wikipedia based search results

1.Peloton (company)

"Peloton" almost tripled since the end of February, and quarterly sales jumped nearly 61% to $420.2 million. In December 2020, Peloton acquired Precor

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