Dorel Industries

Last updated
Dorel Industries Inc.
TypePublic
TSX:  DII.B
IndustryConglomerate
Founded1962;61 years ago (1962)
FoundersLeo Schwartz
Martin Schwartz
Alan Schwartz
Jeff Segel
Headquarters,
Key people
Martin Schwartz
Jeffrey Schwartz
Alan Schwartz
Jeff Segel
RevenueIncrease2.svg US$2.603 billion (2017)
Increase2.svg US$58.3 million (2017)
Total assets Increase2.svg US$2.172 billion (2017)
Number of employees
10,000 (2018)
Divisions 2 [1]
Website www.dorel.com

Dorel Industries Inc. is a Canadian company, based in Montreal, Quebec, which designs and manufactures juvenile products and home furnishings. Its Dorel Sports division, sold in 2022, sold bicycles. 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 10,000 people and its products are sold in over 100 countries. [2] [ citation needed ]

Contents

Product segments

Dorel divides its brands into the following product segments.

Dorel Juvenile

Dorel Juvenile is a manufacturer of juvenile products, including car seats, play yards, high chairs, bath accessories, infant health, home safety and feeding products. The company sells more than 8 million children's car seats globally each year.[ citation needed ]

Juvenile products are designed, manufactured and marketed under several brand names, including Safety 1st, Maxi-Cosi, Quinny and Tiny Love. Regional brands include Cosco, Infanti, Bertini Baby, Bébé Confort, Mother's Choice, and Voyage.

Dorel Juvenile USA is headquartered in Foxborough, Massachusetts, and has a design and development center in Columbus, Indiana. In these locations, the company builds from the concept stage through development. The main US manufacturing facility is also in Columbus, allowing the company to produce many products within the United States. The Dorel Technical Center for Child Safety, also in Columbus, features research and design facilities.

Similar facilities exist in Europe with substantial operations in South America. In 2014 Dorel purchased the juvenile operations of the Lerado Group, providing the company with its first owned facilities in China and Taiwan.[ citation needed ]

Dorel Home

Products include home and commercial office furniture in metal or wood, storage cabinets and cubes with storage bins, futons, bunk beds, mattresses, dining tables and upholstered furniture, TV Stands and living room furniture like coffee and end tables, metal folding furniture, step stools, ladders.

The Dorel umbrella for home furnishings includes: The Novogratz, Cosco Home & Office, Ameriwood Industries, Dorel Home Products (DHP) and Dorel Living (formerly Dorel Asia). Dorel Home does significant on-line business.

Former division

Dorel Sports

In 2004, Dorel acquired Pacific Cycle, a company that designs, markets, and distributes branded bicycles and other recreational products. In February 2008, Dorel purchased the Cannondale Bicycle Corporation and SUGOI Performance Apparel. In July 2009, Dorel announced its acquisition of Iron Horse Bicycles. In August 2013, Dorel announced its acquisition of Brazil-based Bicicletas Caloi S/A.

The Dorel Sports segment comprises three operating divisions:

Dorel markets its sports products under the brand names of Cannondale, Schwinn, GT Bicycles, Mongoose, Caloi, IronHorse, Roadmaster, SUGOI (sold to Garneau June 2018), and Fabric.

In October 2021, Dorel Sports was sold to Dutch Pon Holdings. [3]

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<span class="mw-page-title-main">Cannondale</span> Bicycle company

The Cannondale Bicycle Corporation is an American division of Dutch conglomerate Pon Holdings that supplies bicycles. Its headquarters are in Wilton, Connecticut, with engineering offices in Freiburg, Germany. Frames are manufactured in Taiwan. Bikes are assembled in Taiwan, as well as in the USA and in The Netherlands for the local markets.

<span class="mw-page-title-main">Schwinn Bicycle Company</span> American bicycle company

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Pacific Cycle, Inc., is an American division of Dutch conglomerate Pon Holdings that imports and distributes bicycles. It was founded in 1977 by Chris Hornung. The company pioneered the sourcing of bicycles from the Far East for distribution in the U.S., developing relationships with suppliers primarily in Taiwan and China. The company now owns several well known bicycle brands as well as diversifying into bicycle accessories and other types of children's play equipment. Pacific Cycle sells more bicycles than any other company in North America and is one of the most prolific bicycle suppliers in the world. In 2006, Chris Hornung left Pacific Cycle leaving President Jeff Frehner in control. Alice Tillett has been the President of Pacific Cycle since 2008.

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<span class="mw-page-title-main">GT Bicycles</span> Company

GT Bicycles is an American company that designs and manufactures BMX, mountain, and road bicycles. GT is a division of the Dutch conglomerate Pon Holdings, which also markets Cannondale, Schwinn, Mongoose, IronHorse, DYNO, and RoadMaster bicycle brands; all manufactured in Asia.

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<span class="mw-page-title-main">Evenflo</span> Infant and juvenile products company

Headquartered in Boston, Massachusetts, Evenflo Company, Inc. operates the juvenile travel and home safety businesses with products that include car seats, travel systems, safety gates, high chairs, play yards, stationary activity centers, infant carriers and doorway jumpers. Evenflo Company Inc. has two manufacturing facilities: one in Piqua, Ohio, and one in Tijuana, Mexico.

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References

  1. Corporate Profile www.dorel.com, retrieved 11 October 2021
  2. "Corporate Profile". dorel.com. Archived from the original on 15 January 2013. Retrieved 10 January 2015.
  3. "Pon becomes biggest in bicycles with Dorel Sports take-over". bike-eu.com. 2021-10-11. Retrieved 2021-10-11.