Marmot (company)

Last updated
Marmot Mountain, LLC.
FormerlyMarmot Mountain Works
Company type Subsidiary
Industry Outdoor recreation, textile
Founded1974;51 years ago (1974)
Headquarters Rohnert Park, California
Key people
Mark Martin
Products Clothing
Parent Newell Brands
Website www.marmot.com

Marmot is an outdoor recreation clothing and sporting goods company founded in 1974 as "Marmot Mountain Works". [1] The company was founded in Grand Junction, Colorado by local resident Tom Boyce and two University of California, Santa Cruz students, David Huntley and Eric Reynolds, who shared the common goal of making their own mountaineering equipment.[ citation needed ]

Contents


History

Marmot tent Marmot, OutDoor 2018, Friedrichshafen (1X7A0308).jpg
Marmot tent

In 1976, Marmot ventured on another new business opportunity when Eric Reynolds met Joe Tanner of W. L. Gore & Associates. Within a couple of weeks, Marmot had sewn prototype sleeping bags using the then-new Gore-Tex fabric for field testing. Reynolds and Huntley spent seven nights in a commercial frozen meat locker comparing bags with and without the Gore-Tex fabric, as well as testing the bags under fire sprinklers. They were impressed by what they saw and changed everything in the Marmot line to Gore-Tex fabrications.

By the early twenty-first century, Marmot was owned by K2 Sports, and in August 2007, holding company and conglomerate Jarden acquired K2 Sports for approximately US$1.2 billion. K2 included brands such as Marker, Marmot, Rawlings, Sevylor, Shakespeare, and Völkl under its umbrella. [2]

After Jarden was acquired by Newell Rubbermaid in 2016, [3] K2 Sports was sold to Kohlberg & Company in 2017. Marmot was spun off from K2 and stayed with Newell. [4] Now based in Rohnert Park, California, Marmot is globally distributed and part of Newell Brands. [5]

References

  1. Marmot (2006). Marmot's History. URL accessed March 12, 2007.
  2. "Jarden Completes K2 Acquisition". SGB Media. 2007-08-09. Retrieved 2022-09-27.
  3. Maremont, Serena Ng And Mark (2015-12-14). "Newell Rubbermaid to Acquire Jarden for $15 Billion". The Wall Street Journal. ISSN   0099-9660 . Retrieved 2022-08-01.
  4. "Neuer Eigentümer: K2, Völkl, Marker, Dalbello & Co. verkauft". Archived from the original on 2021-01-23. Retrieved 2022-08-01.
  5. "Outdoor Solutions". www.newellbrands.com. Archived from the original on 2016-07-16. Retrieved 2016-07-15.