HEAD acquires Zoggs - Mynewsdesk

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Jun 29, 2020 17:27 CEST HEAD acquires Zoggs HEAD, a leading global Sporting Goods Group which owns the HEAD, PENN and MARES brands is pleased to announce the acquisition of Zoggs, the world-class swim brand famous for its Goggles, Swimwear and Equipment and holding leading market positions in the UK, Australia and various distributor markets. HEAD with its leading market positions in Winter-Sports, Racquet-Sports and Diving over recent years has also become a leading performance swim brand in both the pool and open water segments, dominating the growing Swim run category.

Transcript of HEAD acquires Zoggs - Mynewsdesk

Jun 29, 2020 17:27 CEST

HEAD acquires Zoggs

HEAD, a leading global Sporting Goods Group which owns the HEAD, PENNand MARES brands is pleased to announce the acquisition of Zoggs, theworld-class swim brand famous for its Goggles, Swimwear and Equipmentand holding leading market positions in the UK, Australia and variousdistributor markets.

HEAD with its leading market positions in Winter-Sports, Racquet-Sports andDiving over recent years has also become a leading performance swim brandin both the pool and open water segments, dominating the growing Swim runcategory.

HEAD swimming and Zoggs will be merged into a combined SwimmingBusiness Unit led by the current Zoggs CEO Mark Hammersley. The mediumterm view is to further strengthen the Zoggs brand via an extended productportfolio and expanding distribution globally by leveraging HEAD’sworldwide distribution network. This merger will allow Zoggs access towelded race suits, open water neoprene wet suits, liquid silicone goggleranges and a number of swim training accessories.

Swim Schools International, owned by MARES' sister company SSI with itsworld class swim training programs from babies to adults will becomeavailable for Zoggs Aquatic and Leisure centres worldwide.

Mark Hammersley "The acquisition by Head is the opportunity for Zoggs torealise the potential that we have been developing for many years and moveto a wider international presence with our unique Zoggs brand positioning"

Gerald Skrobanek, HEAD's Chief Operating Officer: "we are excited about thisopportunity, combining Zoggs and HEAD with their market leadingtechnologies is the start of a new era for Zoggs"

About HEAD

HEAD is a leading global manufacturer and marketer of premium sportsequipment and apparel.

Our business is organized into five divisions: Winter Sports, Racquet Sports,Diving, Sportswear and Licensing. We sell products under the HEAD (alpineskis, ski bindings, ski boots, snowboard and protection products, tennis,racquetball, paddle, squash and pickleball racquets, tennis balls and tennisfootwear, sportswear and swimming products), Penn (tennis balls andracquetball balls), Tyrolia (ski bindings) and Mares, SSI and rEvo (diving)brands. The Company´s key products have attained leading market positionsbased on sales and reputation and have gained high visibility through theiruse by many of today´s top athletes.