Sports Equipment Company Adds to PortfolioPosted: Updated:
Evansville-based Escalade Inc. (Nasdaq: ESCA) has purchased a division of a Pennsylvania company. The deal involves DMI Sports Inc.'s indoor games business, which includes several darting, table tennis and billiards brands. November 15, 2013
EVANSVILLE, Ind. - Escalade, Inc. (Nasdaq: ESCA) today announced the acquisition of the indoor games business of DMI Sports, marketers of Arachnid, Nodor and Winmau darting, Prince and Head table tennis and Minnesota Fats billiards. The DMI Sports indoor games business will become part of Escalade Sports, a wholly owned subsidiary of Escalade, Incorporated, one of America's leading manufacturers of table tennis, darting, billiards, game tables, basketball systems, archery and fitness products.
The acquisition will help Escalade Sports apply technologies and innovations of its newly acquired brands and trade names to its existing portfolio of products. The deal will also enable the Company to offer a broader array of premium darting, table tennis and billiards brands to its retail partners.
"We are pleased to announce the addition of these premium darting, table tennis and billiard brands to the Escalade Sports family of products," said Robert J. Keller, President & Chief Executive Officer of Escalade, Inc. "This acquisition will serve as a great benefit to our retail partners as it strengthens our existing product lines while offering our consumers a wider assortment of premium product options within these categories."
For more information on Escalade Sports, its brands, instruction manuals, game rules, retailers, warranty, replacement parts or customer service, please call 1-888-784-4288 or visit www.escaladesports.com.
About Escalade, Inc.
Headquartered in Evansville, IN, Escalade, Inc. is a global consumer products company. The largest division, Escalade Sports, is a leading manufacturer and distributor of sporting goods and outdoor products. Leaders in their respective categories, Escalade Sports' brands include STIGA and Ping-Pong Table Tennis, Accudart and Unicorn darting, Goalrilla, Goaliath and Silverback sports training equipment and basketball goal systems, and Bear Archery, Trophy Ridge, and Cajun Bowfishing hunting products. Escalade Sports products are available at sporting goods retailer and independent dealers nationwide.
Source: Escalade Inc.