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Dorel Industries Inc. (TSX: DII and NASDAQ: DIIB) is a Montreal, Quebec-based company which designs and manufactures for three areas: juvenile, home furnishings and recreational/leisure. Dorel employs approximately 4,800 people. It was formed in 1987 as a result of a merger between Dorel Co. Ltd., founded in 1962 and Ridgewood Industries, founded in 1969. In 2004, the company purchased Pacific Cycle, a major U.S. distributor of bicycles built in Taiwan and the People's Republic of China. Dorel sells products under many other brand names besides its own. A short list of the more notable includes Ameriwood, Cosco, Bebe Confort, Safety 1st, GT, Huffy, Murray, Schwinn, SUGOI, Babidéal, Baby Relax, MaxiCosi, Quinny and Mongoose. [1] In February 2008, Dorel announced their acquisition of Cannondale Bicycle Corporation [2]. [edit] References
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