Action sports equipment company Black Diamond announced Thursday that it has to purchase protective gear manufacturer POC. Black Diamond, maker of climbing, skiing, and trekking products, will buy Stockholm-based POC for approximately $43.5 million. “We believe POC is one of the most innovative, fastest-growing and hottest brands in action sports protective gear today and a strong strategic addition to the Black Diamond platform,” said Peter Metcal, Black Diamond president and CEO. In 2012, POC made a 35 percent increase in total revenue compared to the previous year. Their products include body armor, helmets, eyewear, gloves, and apparel.
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