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The same year, Life Fitness expanded into treadmills. Life Fitness was acquired by Brunswick Corporation in June 1997 for $310 million. [5] [6] The sale was completed on July 11, 1997. [7] Later in 1997, Life Fitness bought Hammer Strength, a manufacturer of weight machines. [8] ParaBody, Inc. was bought by Life Fitness in 1998. [9] [10]
Also in 2018, the company announced it would be separating the fitness business as Life Fitness Holdings in 2019. [20] 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. [21] The sale was completed in June 2019.
Brunswick announced in July 2014 its intention to leave the bowling business by the end of 2014, retaining its heritage billiards business as part of the fitness segment. In 2018, the company announced it would be spinning-off its fitness equipment business, including its Brunswick Billiards division, as Life Fitness Holdings in 2019.
METTAWA, Ill., Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Brunswick Corporation (NYSE: BC) has approved a quarterly dividend on its common stock of $0.42 per share. The dividend will be payable on December 13, 2024, to shareholders of record at the close of business on November 20, 2024. About Brunswick Corporation:
Brunswick Corporation Announces Organizational Changes 08/20/2024 08:05 -0400 METTAWA, Ill., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation, (NYSE: BC), the world’s leading marine technology company, is announcing the following changes to its organization that are aimed at further broadening the experience of its senior leadership team.
About Brunswick Corporation Brunswick Corporation (NYSE: BC) is the global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Our unique, technology-driven solutions are informed and inspired by deep consumer insights and powered by our belief that “Next Never Rests™”.
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