Peloton to acquire fitness equipment provider Precor for $420m
Peloton, a US-based exercise equipment and media company, has agreed to acquire Precor, a commercial fitness equipment provider, for $420 million. The acquisition will help Peloton in setting up its US manufacturing capacity, increase its research and development capabilities with Precor’s team, and also speed up its penetration of the commercial market. Peloton is aiming […]