The Thule Group is buying Chariot Carriers, a Canadian company that designs and develops bicycle trailers and multifunctional child carriers, for an undisclosed price. The sellers are the brothers Dan and Chris Britton and Chariot's chief executive, Pierre Doyon. Thule Group will buy all of the assets of the company, which has annual sales of about $24 million. Chariot's products are designed for active parents – whether cyclists, joggers, walkers, hikers or skiers – to take their children along with them. It is just under two decades old. It is the market leader in this segment in North America and several European markets. This is Thule's first acquisition since a majority share was taken over by Nordic Capital in December.

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