, /PRNewswire/ -- Kent Outdoors, helping people in the pursuit of outdoor adventures for more than 60 years, today announces it has closed on the sale of Kona Bikes to a group led by Kona's original founders, and . Financial details of the sale are undisclosed. "We're pleased to announce the sale of Kona and to know that Dan and Jake are at the helm to move this well-respected brand forward and continue serving dealers and customers," said Kent Executive Chairman .
"The sale of Kona is an important element of Kent's recent strategic review. It provides us with the ability to focus on and invest in our core growth brands, support key accounts, and develop new outdoor products." "Jake and I are thrilled to once again lead and rebuild Kona," said Gerhard.
"We're well positioned in the market and will continue to offer high-quality bikes with the distinct design and feel that riders expect from Kona." ECHOS Brand Communications 303-909-0530 SOURCE Kent Outdoors.
