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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.
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]
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.
Headquartered in Mettawa, IL, Brunswick has 17,000 employees operating in 25 countries. In 2023, Brunswick was named by Forbes as a World’s Best Employer and as one of America’s Most Responsible Companies by Newsweek, both for the fourth consecutive year. For more information, visit www.brunswick.com.
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.
As of January 20, 2016, Cybex International, Inc. was purchased by Brunswick Corporation for $195 million. [1] As part of this purchase, Cybex is to join the Life Fitness portfolio of fitness brands, along with Life Fitness, Hammer Strength, InMovement, SciFIT, and Indoor Cycling Group (ICG).
METTAWA, Ill., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its third quarter 2024 financial results. A complete and full-text financial results press release is available on the Company’s website at https://ir.brunswick.com.
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