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HEAD acquires Zoggs
Richard Corner of Mares UK, has confirmed that the Head Group has aquired Zoggs.
The Head Group has advised that Zoggs is a "world-class swim brand famous for its goggles, swimwear and equipment in the UK and Australia."
This seems to be an obvious acquisition for HEAD because it fills a niche in the Group, and it looks to be a good opportunity for both companies.
Mark Hammersley, Zoggs CEO said this is "the opportunity for Zoggs to realise the potential that we have been developing for many years and move to a wider international presence with our unique Zoggs brand positioning."
We are excited about combining Zoggs and HEAD - [a] start of a new era for Zoggs. Gerald Skrobanek, COO HEAD Group
HEAD Group has become a leading company in the Diving, Winter-Sports and Racquet-Sports market. It has also been strengthening its hold in the pool and open water, in particular the growing 'Swim / Run' category.
We believe that the HEAD Swimming Division will be merged with Zoggs, because it will allow the swim brand to access welded race suits, open water neoprene wet suits, liquid silicone goggle ranges, and a number of swim training accessories. Zoggs will also be able to team up with SSI, and benefit from the baby to adult swim training programs.