BOWTECH Announces Excalibur Acquisition

Archery products leader, BOWTECH, announces it's acquisition of Excalibur Crossbow, Inc., a Canadian based crossbow manufacturer.

BOWTECH, a leading archery products manufacturer, announced today that it has acquired Excalibur Crossbow, Inc., a leading crossbow manufacturer. Excalibur’s expertise, quality and innovation in crossbows and archery accessories segments align perfectly with BOWTECH’s leadership position in the compound bow category. The highly strategic acquisition allows BOWTECH to provide the industry’s broadest assortment of high quality brands and products to customers.

“BOWTECH brings the most innovative design and technology to the compound bow category. Excalibur shares these values and their crossbows are the finest on the market. Excalibur is a perfect addition to our company’s product and brand portfolio,” said Ron Johnson, CEO of BOWTECH.

Further, Johnson added, “By bringing these companies together we will be better positioned to offer our customers and consumers more comprehensive and innovative archery product solutions and services. We plan to continue operating both companies while sharing and leveraging our significant expertise, industry know-how, and talented employees.”

“We could not have asked for a better partner to assist us in taking the Excalibur products and brand to the next level,” said Rob Dykeman, President Excalibur Crossbow. “BOWTECH’s commitment to innovation and meeting consumer needs aligns with the vision we have always had for Excalibur. Both companies share very strong reputations and positions in the market, and combining both companies will be a great benefit to both product lines and brands going forward. Excalibur is very excited about the future possibilities.”

About BOWTECH

BOWTECH manufactures and distributes the world’s finest compound bows and archery equipment. Founded in 1999, BOWTECH’s corporate offices and manufacturing facilities are located in Eugene, Oregon. With a worldwide distribution network, Bowtech’s family of brands include: BOWTECH, Diamond, Octane, and Stryker. www.bowtecharchery.com

About Excalibur Crossbow, Inc.

Excalibur Crossbow manufactures and distributes efficient, reliable, and accurate hunting recurve crossbows and other archery accessories. Founded in 1983, Excalibur Crossbow offices and manufacturing facilities are located in Kitchener, Ontario, Canada. www.excaliburcrossbow.com

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