1.) Jon - 01/06/2014

Announced this morning, BowTech acquires Excaliber Crossbows.

BOWTECH
Acquires Crossbow
Manufacturer Excalibur
Crossbow Inc.
Partnership
aligns leading archery brands an
d
creates
the industry’s broadest
product and service offering
Eugene,
Oregon
and Kitchener, Ontario,
Canada
–
January 6
, 2014
–
BOWTECH, a leading archery
products
manufacturer, announced today that it has acquired Excalibur Crossbow
, Inc.
, a leading crossb
ow manufacturer.
Excalibur’s expertise
, quality
and innovation in crossbows and archery accessories
segments align
perfectly with
BOWTECH’s leadership position in the
compound
bow
category
.
The highly strategic acquisition allows
BOWTECH to provide the i
ndustry’s broadest assortment of high quality brands and products to customers.
.
“BOWTECH
brings the most innovative design and technology to the
compound
bow category
.
Excalibur
shares
these values and their
crossbow
s are
the finest
on the market.
Excalibur is a perfect addition to our company’s
product
and brand
portfolio
,
” s
aid
Ron Johnson, CEO
of
BOWTECH.
Further Johnson add
ed,
“
By bringing these companies together we will be better positioned to offer our
customers
and consumers more comprehens
ive and innovative archery product s
olutions
and service
s
.
We plan to continue
operating both companies
while sharing and leveraging our significant expertise, industry know
-
how
,
and talented
employees
.”
“We could not have asked for a better partner to
as
sist us in
tak
ing
the
Excalibur products and brand
to the next
level,” said
Rob
Dykeman
, President
Excalibur Crossbow
. “
BOWTECH’s
commitment to innovation and
meeting
consumer needs
aligns with the vision we have always had for
Excalibur
.
Both companies sh
are very strong
reputations
and position
s
in the marke
t, and combining both companies
will be a
great
benefit to
both
product lines
and
brand
s
going forward.
Excalibur is very excited about the future possibilities.
”
About BOWTECH
[url]www.bowtecharchery.com[/url]
BOWTECH manufactures and distributes the world’s finest compound bows and archery equipment. Founded in
1999, BOWTECH’s corporate offices and manufacturing facilities are located in Eugene, Oregon. With
a
worldwide distribution network, Bowtech’s family of brands include: BOWTECH, Diamond, Octane,
and
Stryker.
About Excalibur Crossbow, Inc.
[url]www.excaliburcrossbow.com[/url]
Excalibur Crossbow
manufactures and di
stributes
efficient, reliable, and accurate hunting
recurve crossbow
s
and
other
archery accessories. Founded in 1983,
Excalibur Crossbow offices and manufacturing facilities are located in
Kitchener,
Ontario, Canada

2.) Firemanj - 01/06/2014

so does this mean they will be making stryker and excalibur or are they gonna combine them into one division? We sell the stryker crossbows in the shop I work at part time and they are pretty decent crossbows if you're into crossbows.

3.) Jon - 01/07/2014

I released what they released, I cannot say anything further than that. More to follow I'm sure

4.) Go Bucks - 01/07/2014

interesting... sounds like a good move by two good companies.

5.) Floyd - 01/07/2014

Thanks Jon for the good, timely information without drama.

Can't wait to see what come together for them.

6.) CHRIS - 01/08/2014

great acquisition that's for sure. thanks for the update Jon.