Polaris Industries has acquired motorcycle and snowmobile gear manufacturer KLIM. Terms of the acquisition were not disclosed.
The KLIM brand will continue operating as a standalone business alongside Polaris’ existing apparel labels. KLIM staff will continue operating at its existing headquarters in Rigby, Idaho. In fact, Polaris plans to make KLIM’s Rigby facility its new apparel “Center of Excellence”, using the company’s expertise and capabilities across all Polaris apparel brands.
“I built KLIM with a passion for the category and a commitment to the world’s adventure snowmobile and motorcycle riders,” says Justin Summers, KLIM founder, president and CEO. “We had a vision of making products that mattered, that solved problems and that were the best they could be. I am very proud of what we have built at KLIM, and I am fired up that the next chapter of the KLIM story will be written through our exciting partnership with Polaris. KLIM will now have the resources to reach the next level as we continue to innovate and lead into the future.” Continue Reading »