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Black Diamond buys POC

Today's ski industry acquisition: Black Diamond buys POC

Updated: June 7, 2012, 2:32 PM ET
By ESPN Action Sports

Black Diamond Equipment announced on Thursday that it will be purchasing the Swedish helmet and goggle company POC.

According to a release, Black Diamond will purchase POC for $43.5 million. The sale is expected to close this month.

"POC and Black Diamond were both founded as solutions-based companies, focused on providing unmatched personal protection for active outdoor athletes," said Peter Metcalf, president and CEO of Black Diamond. "We believe POC is one ...

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