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Shimano Purchases Pearl Izumi |
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Shimano has acquired Pearl Izumi in a deal which will
see Pearl Izumi become a wholly owned subsidiary of Shimanos US
operations, continuing to operate from its facilities in Colarado and
Germany. Pearl Izumi is to be maintained as a stand alone company with
its own management team.
Shimanos acquisition includes the rights to Pearl Izumi sales and
distribution throughout North and South America, Europe, Australia and
other selected countries but not Japan and most of Asia.
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