Hedstrom buys another exercise ball firm

By Bill Bregar
Senior Staff Reporter

Published: November 21, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Consumer Products, Rotomolding

ASHLAND, OHIO (Nov. 21, 2 p.m. ET) — The small Ohio town of Ashland is becoming a fitness products center, as rotational molder Hedstrom Plastics has acquired worldwide distribution rights for another brand of exercise balls.

The Hedstrom Fitness division, which already distributes and markets the Bosu fitness ball, inked a deal Nov. 5 to for Kamagon line of water-filled exercise balls. They resemble kettle balls.

Hedstrom has been rotomolding both ball lines at its headquarters plant in Ashland. Now the company also will handle distribution and marketing.

According to Hedstrom, Kamagon products use water motion—dubbed Hydro-Inertia—to create unstable resistance that “challenge the muscles while simultaneously stimulating the nervous system.” Originally adopted by mixed martial arts enthusiasts, Kamagon is used by major professional and college sports teams, Hedstrom said.

“Our business model is to seek distinctive athletic products that fit our brand, work together and put us in both the manufacturing and distributor seats,” said Mike Kelly, CFO of Hestrom Fitness.

Terms were not disclosed.


Comments

Hedstrom buys another exercise ball firm

By Bill Bregar
Senior Staff Reporter

Published: November 21, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Optical disc molder OEM getting into micromolding with acquisition of CDA

August 29, 2014 11:24 am ET

Optical disc replicator and molder Optical Experts Manufacturing Inc. of Charlotte, N.C., has expanded its core business and entered new high...    More

Polish injection molder Teknorubber up for sale

August 29, 2014 9:14 am ET

Polish plastic parts maker Teknorubber has been put up for sale following its insolvency filing in March 2014. The company is to be auctioned through ...    More

Image

Canadian mold maker Thibault adding to new operation in Mexico

August 27, 2014 3:19 pm ET

Canadian mold maker I Thibault Inc has purchased an established Mexican company, Tecnimoldes SA de CV, for a seven-figure-dollar-sum and renamed it...    More

Image

Design Stories: Young designers showing the way in adaptive design

August 27, 2014 12:12 pm ET

Amanda Bolton, then 19, decided to change her major at the University of Cincinnati from fine arts to industrial design, creating products for people ...    More

Image

Kayak maker Confluence taking on a broader outdoor products business focus

August 26, 2014 12:54 pm ET

Canoe and kayak rotational molder Confluence Watersports Co. has a new owner and a new name — Confluence Outdoor Co. — that reflects a bro...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events