Announced
Completed
Synopsis
Daisy Manufacturing, a designer, manufacturer and marketer of youth and adult air guns, accessories and related consumables, completed the acquisition of Crosman, a designer, manufacturer and marketer of air guns, accessories and related consumables, from Velocity Outdoor, the outdoor sporting goods company. Financial terms were not disclosed. “Our partnership with Crosman dates back to 2006 when we first acquired Crosman, and we are grateful for its history of contributions to both Velocity Outdoor and CODI. We believe Crosman’s sale to a recognized industry veteran in the air gun space positions it well for future success,” Elias Sabo, Compass Diversified CEO.
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