Type Public Headquarters Westmount, Canada CEO Martin Schwartz (1993–) | Industry Conglomerate Revenue 2.49 billion USD (2013) | |
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Traded as TSX: DII.B
OTC Pink: DIIBF Founders Leo Schwartz, Martin Schwartz,Alan Schwartz, Jeff Segel Key people Martin Schwartz (CEO)
Alan Schwartz
Jeffrey Schwartz
Jeff Segel Net income US$108.6 million (2013) Stock price DIIBF (OTCMKTS) US$ 23.79 +0.38 (+1.63%)10 Mar, 9:30 AM GMT-5 - Disclaimer Subsidiaries Cannondale Bicycle Corporation | ||
Dorel industries inc
Dorel Industries Inc. is a Canadian company, based in Montreal, Quebec, which designs and manufactures for three areas: juvenile products, bicycles and other recreational products, home furnishings. 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 10,500 people and its products are sold in over 70 countries.
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 each year.
Juvenile products are designed, manufactured and marketed under several brand names, including Safety 1st, Maxi-Cosi, Quinny, Tiny Love and Bébé Confort. Regional brands include Cosco, Infanti, Baby Art.
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.
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 their acquisition of Iron Horse Bicycles. In August 2013, Dorel announced their acquisition of Brazil-based Bicycletas Caloi S/A.
The Dorel Sports segment comprises three operating divisions:
Dorel markets its sports products under the brand names of Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse, SUGOI, Pacific, Dyno, RoadMaster, PowerLite, Fabric, and InSTEP.
Home Furnishings
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: Cosco Home & Office, Ameriwood Industries, Dorel Home Products (DHP), Altra Furniture and Dorel Living (formally Dorel Asia).