Spirit Fitness Acquired by Dyaco International
Dyaco International, a global leader in the design, manufacture, and distribution of high-quality home fitness equipment, has completed its acquisition of Spirit Fitness.
Jonesboro, AR (PRWEB) April 3, 2005 -- Dyaco International, a global leader in the design, manufacture, and distribution of high-quality home fitness equipment, has completed its acquisition of Spirit Fitness. Spirit, based in Jonesboro, AR, has been a well-respected manufacturer of home and light commercial fitness equipment since 1986. Dyaco, employing almost 1000 employees in its Taiwan and China facilities, has been manufacturing a wide variety of equipment for the international market since 1989. Dyaco has significant experience producing weight benches, home gyms, steppers, air walkers, elliptical machines, and treadmills, with distribution in over 60 countries. With its acquisition of Spirit, Dyaco intends to aggressively pursue the U.S. marketplace, with branding for both the specialty Fitness and Sporting Goods channels of distribution.
Spirit will cease domestic manufacturing operations, but will continue its Sales & Marketing, Warehousing & Distribution, and Customer Service operation with headquarters in Jonesboro, AR. Dyacos existing west coast distribution center, located in City of Industry, CA., will be consolidated into the Spirit organization, enabling Spirit to efficiently and economically distribute products to all regions of the U.S.
This acquisition is the classic win-win situation," says John Gibbs, President of Spirit, this will enable Dyaco to expand into the U.S market, while providing Spirit the sound financial backing and innovative new products necessary to grow its customer base in a highly competitive market."
Company Information:
Spirit Fitness
P.O. Box 2037
Jonesboro, AR 72402
T 870-935-1107
F 870-935-7611
www.spirittreadmills.com
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