YETI® Acquires MYSTERY RANCH®
31 Gennaio 2024 - 2:00PM
Business Wire
Leading global designer and manufacturer of
outdoor gear announces agreement to acquire high-performance
backpack company
YETI Holdings, Inc. (“YETI”) (NYSE: YETI), a leading premium
outdoor brand, today announced it has signed an agreement to
acquire MYSTERY RANCH, a premier designer and manufacturer of
durable load-bearing backpacks, bags, and pack accessories.
“MYSTERY RANCH packs have earned a global reputation within the
most demanding communities by building load-bearing equipment that
delivers in the harshest environments. Their ethos, passion and
people not only align with the YETI team, but also connect well
with our commitment to innovation and our customers,” said Matt
Reintjes, President & CEO at YETI. “Their communities,
ambassadors and obsession with quality make it a natural fit with
YETI.”
Founded in 2006, the original YETI cooler was born out of
frustration and passion. YETI has since grown into an industry
innovator of premium outdoor gear designed for the hardcore outdoor
adventurer, outside enthusiast and everyone in between. Like YETI,
MYSTERY RANCH products have been built with durability and
performance in mind for over two decades whether for use on the
fire line, backcountry or in your everyday adventure.
“YETI’s passion for innovation and the outdoors aligns closely
with our founding vision,” said Dana Gleason, Co-Founder of MYSTERY
RANCH. “Renée Sippel-Baker, my co-founder, and I know they are a
perfect partner to build upon our long history of making the best
load-bearing equipment in the world for the most extreme users as
well as the everyday mission.”
MYSTERY RANCH and the team will continue to operate out of
Bozeman and will work with YETI over the next several months to
integrate teams and functions.
For more information about YETI or MYSTERY RANCH, visit yeti.com
or mysteryranch.com.
About YETI Holdings, Inc.
Headquartered in Austin, Texas, YETI (NYSE: YETI) is global
designer, retailer and distributor of innovative outdoor products.
From coolers and drinkware to backpacks and bags, YETI products are
built to meet the unique and varying needs of diverse outdoor
pursuits, whether in the remote wilderness, at the beach, or
anywhere life takes our customers. By consistently delivering
high-performing, exceptional products, we have built a strong
following of brand loyalists throughout the world, ranging from
serious outdoor enthusiasts to individuals who simply value
products of uncompromising quality and design. We have an
unwavering commitment to outdoor and recreation communities, and we
are relentless in our pursuit of building superior products for
people to confidently enjoy life outdoors and beyond. For more
information, please visit www.YETI.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240131701101/en/
Investor Relations Contact: Tom Shaw, CFA, 512-271-6332
Investor.relations@yeti.com Media Contact: YETI Holdings,
Inc. Media Hotline Media@yeti.com
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