Amer Sports has announced the acquisition of the main assets of Queenax, a provider of modular, functional fitness training machines based near Teramo, in central Italy. Queenax will be integrated into Precor as a component of Amer's fitness division. The inclusion of functional training, one of the fastest growing segments in the commercial fitness industry, will enable Precor to offer a complete package of fitness solutions. Precor's fitness platform already includes traditional strength, cardio and networked fitness offerings. The acquisition includes the Queenax brand as well as intellectual property and distribution rights, among others. Amer said the acquisition will have no material impact on the group's financial results for 2015.

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