Football helmet-maker Riddell explores sale

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Football helmet-maker Riddell explores sale
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Murphy's Logic and reflections on 45+ years of broadcasting | SaltWire - U.S. maker of football helmets and gear Riddell is exploring a sale, the company told Reuters, in a deal that could value it at around $800 million, people familiar with the matter said.

"The execution by Riddell's industry-leading team, unprecedented growth fueled by innovation, and other positive developments make the company a desirable acquisition target," Riddell said in a statement. Riddell was founded in 1929 by John T. Riddell who invented gear such as removable football cleats and plastic helmet shells.

In 2014, Fenway again changed the company's name to BRG Sports for its core Bell, Riddell and Giro brands and sold its Easton baseball and softball business to Bauer Performance Sports. In 2016, Vista Outdoor, manufacturer of sporting and outdoor products, acquired the Bell, Giro, Blackburn and C-Preme brands from BRG Sports, leaving Riddell as its remaining brand.

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