Kolpin Acquires Cycle Country's ATV Accessories Product Line for $9.7M
September 2, 2011
Kolpin Outdoors Inc. is purchasing the ATV Accessories product line from Cycle Country Accessories Corp. for $9.7 million, with $3.2 million paid at closing, $1 million in near-term installments, and a $5.5 million earn-out over three years. Cycle Country (Spencer, Iowa) is selling only the product line and will continue to manufacture ATV accessories for Kolpin under a manufacturing agreement.
- Buyers
- Kolpin Outdoors Inc.
- Targets
- Cycle Country Accessories Corp. - ATV Accessories product line
- Sellers
- Cycle Country Accessories Corp.
- Industry
- Manufacturing
- Location
- Iowa, United States
- Transaction Type
- Divestiture
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