Acquisitions in Iowa in 2011
Showing 1 transactions.
-
September 2, 2011
- Buyer
- Kolpin Outdoors Inc.
- Target
- Cycle Country Accessories Corp. - ATV Accessories product line
- Seller
- Cycle Country Accessories Corp.
- Industry
- Manufacturing
- Location
- Iowa, United States
- Type
- Divestiture
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.
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