Polaris Buys KLIM Technical Riding Gear
Polaris Industries Inc. (NYSE: PII) today announced the acquisition of Teton Outfitters, LLC, a privately owned, Rigby, Idaho-based company which designs, develops and distributes KLIM Technical Riding Gear. Calendar year 2012 sales for KLIM are anticipated to approach $30 million. KLIM is an industry leader in technical riding gear. This acquisition adds KLIM to Polaris' growing parts, garments and accessories (PG&A) business. The terms of the transaction were not disclosed.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.