POC acquired by Black Diamond

The acquisition cost for the accuracy of $ 44.9 million (exchange rate of June) amounted to SEK 311.3 million, came through purchase of 460.065 ordinary shares that comprise the share capital the Swedish company.

Black Diamond, for the uninitiated, is a famous company with headquarters in Salt Lake City and producer, as well as the brand's namesake brand also Gregory.
The company has always been active in the field of active outdoors, especially in alpine climbing, mountaineering, backpacking and all kinds of shaped skis has always been.

POC instead is a young Swedish company, founded only in 2004 that focuses its production on ski helmets and caps for sports in general. As you noticed, for the past few years, are an increasing POC helmets around the tracks, with a constant growth of the Swedish company, very much present in the World Cup (in the photo of Julia Mancuso).
brand over the years, it has since expanded the protections of the world, the world of eyewear and cycling, resulting in more active and growing: in 2011 the turnover was more than 20 million euros.
years POC has in fact contributed to the raising of standards of safety, especially in the context of ski helmets, as well as in other sectors, thanks to new technical solutions, combinations of materials, with proprietary solutions to increase the degree of protection of its athletes. < / p>

"The completion of this transaction is a very interesting result for both the POC and Black Diamond," said Peter Metcalf, president and CEO of Black Diamond. "We have put together two rapidly growing companies, sports and lifestyle that reach millions of outdoor enthusiasts from around the world. As Black Diamond, POC has a real passion for the supply of brilliantly engineered products that are designed to improve safety, comfort and performance of individuals engaged in outdoor sports and activities. "Obviously the brand
POC will not disappear but will join Gregory in the development of products dedicated to downhill skiing and mountain in general.