Quote:
Originally posted by InspectorGadget
[*]K2 skis does not now own Volkl. K2 Holding does. K2 Holding, being public, must make sound investments, and then show a profit for their stockholders.
[*]When the question - about dumping the German R & D department & putting a volkl sticker on a K2 ski - was asked during the aforementioned conference call; the person asking the question was assured that that will not happen.
In my opinion, the net result of this acquisition will be largely invisible at our level of the food-chain. [/heavy sigh]
See above posts re Dana Designs and Garuda. They dumped R&D, offshored, and rebadged. And their products are mostly Made in China versions of things designed before acquisition. Anthony Industries (aka K2 corporate) isn't the brightest of corporate owners.