Exeter sports firm Bauer will acquire rival company's baseball, softball business
Kevin Davis, president and CEO of Exeter-based Bauer Performance Sports, said in a statement that the acquisition is "a perfect fit for our overall platform."
In recent years, acquisitions have been a big part of Bauer's growth. Over the past few years, it has acquired several other companies, including top brands in lacrosse and diamond sports.
Davis became the fourth chief executive officer in eight years when he took the position in 2008, just after Nike sold the brand and at a time when morale and staff levels were low.
Last year, it expected to generate close to $400 million in revenue, up from about $200 million in 2008, and is ranked number one in every hockey equipment category.