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 Consumer Products, Mergers & Acquisitions, 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

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

P&G removing PE microbeads from its Crest brand toothpaste

September 18, 2014 1:57 pm ET

After months of prodding, Procter & Gamble Co., the makers of Crest brand toothpastes, say polyethlene microbeads will be completely removed from its ...    More

Badger buys competitor Joseph Homa

September 17, 2014 4:04 pm ET

Badger Plug Co. has extended its protective plugs customer base by acquiring and closing a rival, Joseph Homa Consultants Inc. of Montreal.    More

Image

ZF finalizes deal to buy TRW, creating another global auto supply giant

September 15, 2014 1:09 pm ET

TRW Automotive Holdings, in a supply chain megadeal that has been in the works since mid-July, said Sept. 15 it has agreed to be acquired by German...    More

Image

Germany's Lehmann & Voss buys U.S.-based Performance Compounding

September 12, 2014 11:36 am ET

German compounding firm Lehmann & Voss & Co. KG has acquired Performance Compounding LLC for an undisclosed price.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

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

Upcoming Plastics News Events

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

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

More Events