Nautilus Sells Pearl Izumi To Shimano

Shimano has bought Pearl Izumi from Nautilus, which has been in a deep reorganization mode (see further below). Pearl Izumi, a sports apparel and footwear company also known as DashAmerica, will become a wholly owned subsidiary of Shimano’s U.S. subsidiary. It will pay $69.5 million in cash for the business, ...

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