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Riddell acquires helmet tech R&D company

2024-04-05T11:27:00Z

New York-based Evome Medical Technologies Inc. has reached an agreement with EB Sports Corp.‎, the parent company of Riddell Sports Group to sell Evome’s R&D business unit Simbex LLC for approximately $4.83 million in cash. The proceeds will be used to pay down Simbex debt and reduce Evome’s acquisition debt ...