Shimano completes Lazer Sport acquisition
02/09/2016
Following regulatory clearances and other closing conditions, Shimano has confirmed that Lazer is now part of the group, along with other brands including Pearl Izumi and PRO.
Lazer managing director, Sean van Waes, and sales director, Peter Steenwegen, will remain part of the company’s management board and Lazer will retain its distinct brand identity.
Mr van Waes commented that the acquisition by Shimano will allow Lazer to concentrate on innovation, which he said is what it does best, and to become “the biggest head protection brand in the world” at a faster pace than it might have done without Shimano.
All Lazer staff will remain with the company at its base in Antwerp.
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