Minn Kota and Humminbird merge

Tis the season!

RACINE - Johnson Outdoors has bought Techsonic Industries, a maker of
underwater sonar and video viewing and GPS technologies.

With the $28 million purchase from Teleflex, announced Thursday,
Johnson Outdoors adds the Humminbird brand to its marine electronics
group. Humminbird makes fish finders and other consumer electronics
such as global positioning systems. It also makes components used in
the manufacture of underwater video equipment.

Analysts estimate Techsonic's sales last year at $35 million to $40
million.

Racine-based Johnson Outdoors makes trolling motors and accessories
sold under the Minn Kota name. With the purchase, it expects to have
more than $100 million in annual sales from Minn Kota and Humminbird
combined from a total market with more than $300 million in annual
sales.

The company's announcement said the deal "reinforces the company's
strategic focus on acquisitions that complement its businesses, have
market-leading potential and strengthen profitability."

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-Phish