Peleton Completes Precor Acquisition
With acquisition, Peloton will establish US manufacturing footprint, and anticipates enhancing R&D capabilities, and accelerating the growth of commercial verticals Peloton, the leading interactive fitness platform, today announced that it has officially closed the acquisition of Precor, one of the largest global commercial fitness equipment providers with a significant U.S. manufacturing presence. With this acquisition, Peloton establishes its US manufacturing capacity, anticipates boosting research and development capabilities with Precor's highly-skilled team and accelerating Peloton's penetration of the...
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