Verde Brand Communications
Carlsbad, Calif. – [February 3, 2015] – Zoot Sports, a global leader in footwear and apparel for the endurance athlete, recently completed its previously announced acquisition of Squadra®, leading designer and manufacturer of custom racing, cycling and triathlon apparel based in Carlsbad, CA.
This acquisition adds a strong, complementary endurance sports brand to the Zoot business. Since Jarden Corporation (NYSE: JAH) acquired Zoot in 2009, it has continued to invest in the growing endurance sports market and Zoot has garnered accolades for its innovation in performance footwear and apparel, providing reference-level solutions for the endurance athlete from head to toe.
“Squadra’s strong design capabilities and efficient manufacturing operations in the Philippines, paired with our global distribution network, will create significant opportunities,” said Erik Vervloet, Vice President and General Manager of Zoot Sports and now, Squadra. “We are looking forward to welcoming the Squadra team into Zoot’s marketing and design headquarters in Carlsbad. Their expertise in design and manufacturing of cycling apparel fits perfectly with Zoot’s global presence in the endurance sports market. In combination with our global resources, Squadra’s best in class custom apparel should allow us to immediately extend the footprint of both the Zoot and the Squadra brands. We are delighted to welcome Dan Weatherford and the Squadra team to the Jarden family.”
Squadra was founded in 1996, by Dan Weatherford, initially as the licensee for the Italian Castelli brand® owned by cycling legend, Maurizio Castelli. Squadra set out to offer to all cyclists, the same quality apparel and accessories used by professional cycling teams in Europe. The business is known for its use of the finest quality materials and production processes available. “We’re proud of the business we have built with the support of our employees and look forward to this new chapter,” said Dan Weatherford.
About Zoot Sports
Zoot Sports, a global leader in multisport performance apparel, is focused on providing the athlete with the ultimate in performance apparel, wetsuits, footwear and accessories. For more than 25 years, Zoot has been pioneering innovative product solutions that cover the athlete from start to finish and head to toe. Zoot continues to draw on its history in the sport and its athletes to deliver the most comprehensive, technologically-advanced and complete multisport product line in the world. Zoot Sports is a part of Jarden Corporation (NYSE: JAH).
Squadra is a leading provider of custom racing, cycling and triathlon apparel and accessories. The Company was founded in 1996 by Dan Weatherford, initially as the licensor of the Italian Castelli® brand. Today products are sold primarily under the Squadra® brand name in the U.S. as well as across 20 countries worldwide. For more information please visit http://www.squadra.us/.