Spyder Active Sports buys Cloudveil Mountain Works

08/02/2008

Ski and performance apparel company Spyder Active Sports, Inc. has acquired technical outdoor and mountaineering apparel firm Cloudveil Mountain Works. Terms of the deal were not disclosed.

Cloudveil will remain a separate brand entity and operate as a wholly-owned, independent division of Spyder Active Sports. Its founders, president Brian Cousins and vice president Stephen Sullivan have signed multi-year contracts to continue in their respective roles within the new organisation.