Dorel Industries

From Wikipedia, the free encyclopedia - View original article

Dorel Industries Inc.
TypePublic
Traded asTSXDII.B
OTC Pink: DIIBF
IndustryConglomerate
Founder(s)Leo Schwartz
HeadquartersMontreal, Quebec, Canada
Key peopleLeo Schwartz (Founder)
Martin Schwartz (CEO)
Alan Schwartz
Jeffrey Schwartz
Jeff Segel
RevenueIncrease US$ 2.484 billion (2010)
Net incomeIncrease US$ 127.853 million (2010)
Total assetsIncrease US$ 2.096 billion (2010)
Employees4,700 (2010)
Divisions3[citation needed]
Subsidiaries2[citation needed]
Websitewww.dorel.com
 
Jump to: navigation, search
Dorel Industries Inc.
TypePublic
Traded asTSXDII.B
OTC Pink: DIIBF
IndustryConglomerate
Founder(s)Leo Schwartz
HeadquartersMontreal, Quebec, Canada
Key peopleLeo Schwartz (Founder)
Martin Schwartz (CEO)
Alan Schwartz
Jeffrey Schwartz
Jeff Segel
RevenueIncrease US$ 2.484 billion (2010)
Net incomeIncrease US$ 127.853 million (2010)
Total assetsIncrease US$ 2.096 billion (2010)
Employees4,700 (2010)
Divisions3[citation needed]
Subsidiaries2[citation needed]
Websitewww.dorel.com

Dorel Industries Inc. is a Canadian company, based in Montreal, Quebec, which designs and manufactures for three areas: juvenile, home furnishings and recreational/leisure. It was formed in 1987 as a result of a merger between Dorel Co. Ltd., founded in 1962 by Leo Schwartz and Ridgewood Industries, founded in 1969. Dorel employs approximately 4,700 people and its products are sold in over 70 countries.[1]

Product segments[edit]

Dorel divides its brands into the following product segments.

Dorel Juvenile Group[edit]

Dorel Juvenile Group (DJG USA) is the largest juvenile products manufacturer in its categories in the world[citation needed] covering strollers, play yards, high chairs, bath accessories, infant health, home safety and more. DJG USA is also the global leader[citation needed] in the design and manufacture of car seats, selling more than 8 million each year.

DJG designs, manufactures and markets a wide range of juvenile products under a variety of well known brand names, including Cosco Juvenile, Infanti,Safety 1st, Maxi-Cosi, and Quinny brands as well as Baby Art and Bébé Confort.

DJG USA is headquartered in Columbus, IN and has a Design and Development center in Foxboro, MA. In these locations, the teams build in quality, safety and reliability from the concept stage through development. The Columbus location is home to the main US manufacturing facility, allowing the company to produce many products directly in the United States.

The Dorel Technical Center for Child Safety, also located at DJG USA headquarters features specialized research and design facilities.

DJG employs more than 1,100 people across the U.S.

Recreational and Leisure[edit]

In 2004, Dorel became one of the largest marketers of recreational products in North America with its acquisition of Pacific Cycle, a leader in the design, marketing and distribution of inexpensive branded bicycles and other recreational products. In February 2008, Dorel purchased the Cannondale Bicycle Corporation and SUGOI Performance Apparel.

The Recreational/Leisure segment comprises three distinct operating divisions: The Cycling Sports Group division which deals specifically with the Independent Bicycle Dealers channel; the Pacific Cycle division which deals with the mass merchant and sporting goods channel; and the Apparel Footwear Group which incorporates the SUGOI, Cannondale, GT, Schwinn, IronHorse and Mongoose apparel lines.

Dorel markets its Recreational/Leisure products under the Cannondale, Schwinn, GT, Mongoose, IronHorse, SUGOI, Pacific, Dyno, RoadMaster, PowerLite and InSTEP brand names.

Home Furnishings[edit]

Products include office furniture, metal and wood home office furniture, computer tables, microwave stands, entertainment and home theatre units. Home Furnishings also produces metal folding furniture, futons, step stools, ladders and other furniture.

Dorel markets its Home Furnishings products under the Cosco Home & Office, Ameriwood, Dorel Home Products, Altra Furniture and Dorel Asia brand names.

Brands[edit]

Dorel sells products in Europe and North America under different brand names, including:

In February 2008, Dorel announced their acquisition of Cannondale Bicycle Corporation.[2] In July 2009, Dorel announced their acquisition of Iron Horse. [3] In Aug 2013, Dorel announced their acquisition of Bicicletas Caloi S/A. [4]

References[edit]

External links[edit]