Printer Friendly

SLM INTERNATIONAL PURCHASES BICYCLE HELMET COMPANY

 SLM INTERNATIONAL PURCHASES BICYCLE HELMET COMPANY
 NEW YORK, Sept. 1 /PRNewswire/ -- SLM International, Inc.


(NASDAQ: SLMI) announced today that it has agreed to purchase Innova-Dex Sports Inc. of Montreal. Innova-Dex Sports is a small Canadian manufacturer of premium-priced bicycle helmets, which markets its products under the Leader brand.
 This acquisition is in line with SLM's corporate strategies, and will complement the company's existing product lines. Howard Zunenshine, SLM's co-chief executive officer, said, "As a world leader in manufacturing and selling of hockey helmets, the addition of bicycle helmets to our line is a natural extension of our CCM brand and a counter-seasonal extension of product we understand. As more states and provinces mandate the wearing of bicycle helmets, we will be positioned to take advantage of this growth opportunity."
 SLM International, Inc. designs, develops, manufactures and markets a broad range of toys and sporting goods on a worldwide basis using a variety of well-known trademarks, as well as licenses for popular children's characters.
 -0- 9/1/92
 /CONTACT: Howard Zunenshine, co-chief executive officer of SLM International, 514-773-5041; or David Walke, Amy Ludwig or Brad Miller of Morgen Walke Associates, 212-986-5900, for SLM International/
 (SLMI) CO: SLM International, Inc. ST: New York IN: SU: TNM


CK-LR -- NY042 -- 5405 09/01/92 11:38 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 1, 1992
Words:213
Previous Article:RALPH JACKSON NAMED EXECUTIVE VICE PRESIDENT OF COOPER; JOHN MONTER REPLACES HIM AS PRESIDENT OF BUSSMANN DIVISION
Next Article:UNION TEXAS PETROLEUM COMPLETES $650 MILLION CREDIT FACILITY
Topics:


Related Articles
BELL SPORTS FILES INITIAL PUBLIC OFFERING OF 2,400,000 COMMON SHARES WITH SEC
PUBLIC OFFERING OF 2,200,000 SHARES OF SLM INTERNATIONAL COMMON STOCK
BELL SPORTS CORP. ANNOUNCES ACQUISITION OF BLACKBURN DESIGNS, INC.
BELL SPORTS CORP. EXPECTED FIRST QUARTER 1995 EARNINGS ESTIMATE; CONFIRMS DISCUSSIONS BEING HELD TO PURCHASE HEADSTRONG HELMET BRAND
BELL SPORTS CORP. AND AMERICAN RECREATION COMPANY HOLDINGS INC. ANNOUNCE SHAREHOLDER APPROVAL OF MERGER
BELL SPORTS CORP. ANNOUNCES THE ACQUISITION OF GIRO SPORT DESIGN
HEAD FOR SAFETY THIS HOLIDAY SEASON
New Motion Activated Detector Says to In-Line Skaters and Cyclists 'Wear Your Helmet!' (Brain Injury Awareness Month, October)
PTI Holding Inc. Announces Distribution Agreement with Wal*Mart Stores.
PTI Sports Announces Introduction and Placement of the Lemond Brand.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters