Where is Precor based?
Precor is headquartered in Woodinville, Washington state, USA, with corporate offices around the world.
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 an American company?
Precor is based near Seattle, Washington and for over three decades has driven fitness forward with a passionate focus on ergonomic motion, proven science, and superior engineering.
Who owns Precor?
Peloton InteractivePrecor Incorporated / Parent organization
How many employees does Precor have?
Precor Employees Reduce Commute Trips Statewide more than 1,000 companies, representing 500,000 employees, are committed to helping lessen traffic congestion without building new roads.
Who is the CEO of Precor?
Rob Barker serves as the CEO / President of Precor.
What will happen 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.
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.
Is Precor a public company?
With the sale, Amer Sport, which is the parent company of Precor, will become a private company.
Was Precor a public company?
“Our board of directors today will go away because we are no longer a publicly traded company. A new board of directors will be put in place. The senior leadership is still all the same. For everybody in Precor, we have the same boss, the same strategic mandate.
Is Precor a peloton?
Precor is Now Part of Peloton.
What is Peloton going to do with Precor?
Precor has two U.S. manufacturing facilities—one in Woodinville, Washington, and the other in Whitsett, North Carolina. Peloton plans to boost research and development capabilities with Precor’s team and accelerate Peloton’s penetration of the commercial market.