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Nautilus Puts Commercial Business on the Market

Published Thursday, October 01, 2009

VANCOUVER, WA -- Nautilus Inc. is shopping around its commercial business after deciding to focus on its consumer businesses instead, the company announced this week. Nautilus is actively seeking buyers for substantially all of the assets, liabilities and ongoing operations of its commercial business. This is a further step in the company’s restructuring plan to improve its cost structure and focus on the consumer market through the direct and retail businesses. Ed Bramson, Nautilus chairman and CEO, announced in August that the company was investigating a possible closure or sale of the commercial business. After discussions with potential ...

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