M&A Deal Summary

Implus Acquires FuelBelt

On November 3, 2015, Implus acquired consumer products company FuelBelt

Acquisition Highlights
  • This is Implus’ 7th transaction in the Consumer Products sector.
  • This is Implus’ 12th transaction in the United States.
  • This is Implus’ 1st transaction in Rhode Island.

M&A Deal Summary
Date 2015-11-03
Target FuelBelt
Sector Consumer Products
Buyer(s) Implus
Deal Type Add-on Acquisition

Target

FuelBelt

Warren, Rhode Island, United States
FuelBelt, Inc. is a manufacturer of hydration belts and running accessories.

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Buyer(S) 1

Buyer

Implus

Durham, North Carolina, United States
Category Company
Founded 1988
Sector Apparel/Textiles
DESCRIPTION

Implus designs, markets and distributes insoles, foot care devices, traction devices, socks, shoe care products and shoe laces under four primary brand names (Sof Sole, AirPlus, Sof Comfort, Yaktrax and Sneakerballs) and several private-label brands. Implus was founded in Durham, North Carolina.

DEAL STATS #
Overall 12 of 17
Sector (Consumer Products) 7 of 8
Type (Add-on Acquisition) 12 of 16
State (Rhode Island) 1 of 1
Country (United States) 12 of 16
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-04 Balega Socks

Hickory, North Carolina, United States

Balega Socks is a performance socks manufacturer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-14 MCN Solutions CC

Cape Town, South Africa

MCN Solutions CC is a distributor of Implus and other branded sporting goods products in the region.

Buy -
Mergr

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