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Cybex International was founded in the late 1960s as "The Cybex Ergometer Company" in Ronkonkoma, New York. It was acquired by Lumex, which was traded publicly on the American Stock Exchange. At that time, it manufactured isokinetic rehabilitation equipment. In 1995, Lumex sold its medical supply business and changed its name to Cybex (AMEX ...
Life Fitness created the first computerized strength training program in 1988. [3] In 1991, Bally Total Fitness sold the company to Mancuso & Company, a private equity firm, for $62.5 million. [4] The same year, Life Fitness expanded into treadmills. Life Fitness was acquired by Brunswick Corporation in June 1997 for $310 million.
Cybex Promotes Women's Fitness, Raises Funds for Breast Cancer Research in 4 th Annual Pink Ribbon Run MEDWAY, Mass.--(BUSINESS WIRE)-- Cybex International, Inc. (Nasdaq: CYBI ) , a leading ...
Cybex International, Inc. Announces "Going Private" Merger Agreement Public Shares to Be Acquired at $2.55 Per Share MEDWAY, Mass.--(BUSINESS WIRE)-- Cybex International, Inc. (NAS: CYBI) , a ...
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Also in 2018, the company announced it would be separating the fitness business as Life Fitness Holdings in 2019. [21] In May 2019, Brunswick announced the sale of Brunswick Billiards, Life Fitness, Cybex, Hammer Strength, Indoor Cycling Group, and SCIFIT for $490 million to KPS Capital Partners. [22] The sale was completed in June 2019.
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