Industry Press Release

Marker Völkl Announces Agreement to Acquire Dalbello

01/08/2015

Marker VolklBaar/Straubing (January 7, 2015) — Marker Völkl, a leading global manufacturer, marketer and distributor of alpine skis, snowboards, bindings, ski apparel and accessories, announced today that it has entered into a definitive purchase agreement to acquire the Dalbello Group, a family-owned Italian business that has been producing pioneering and well regarded ski boots since 1974. The transaction extends Marker Völkl’s brand and product portfolio and secures synergies for further innovative development while creating cross selling opportunities.

Christoph Bronder of Jarden Action Sports and Jonathan Wiant of Marker Völkl, commented, “We are delighted to have signed this transaction. Building on the historical relationship between the two businesses, this acquisition is the next logical step in strengthening our global position in the winter sports market for the future. With the acquisition of Dalbello, we have added a well-respected, innovative brand to our portfolio; one that complements our strategic development and sales objectives and raises our market relevance. Dalbello has many of the same attractive business characteristics as Marker Völkl, including a leading market position in its core categories, a loyal customer base and an experienced product development and management team. This acquisition will position us well to deliver continued product innovation and make us an even better partner for retailers and sports enthusiasts around the world.”

Alessandro Dalbello, Dalbello’s Founder, added, “This is a transformative milestone for Dalbello. Over the past 40 years, we have built a truly iconic brand and have proven to the market our ability to recognize and support skiing trends and market transitions while bringing smiles to millions of skiers. Marker Völkl shares Dalbello’s brand DNA and, as a well-known, stable and respected partner for the trade and innovator for the end consumer, I am confident that we have found the best possible future partner. This acquisition provides us with the resources and scale necessary to drive our future success and will further strengthen our existing product development and distribution capabilities. I’d like to thank my four children, all of whom have been and remain actively involved in the Dalbello business, and Dalbello’s employees for their ongoing dedication to the business. I know that they will share in my excitement as we look forward to the next stage of our growth as part of the Jarden family.

The transaction, which is expected to close in the first quarter of 2015, is subject to customary closing conditions and regulatory approvals.

Marker Völkl is part of the Jarden family of brands.

About Jarden Corporation

Jarden Corporation is a leading provider of a diverse range of consumer products with a portfolio of over 120 trusted, quality brands sold globally. Jarden operates in three primary business segments through a number of well recognized brands, including: Outdoor Solutions: Abu Garcia®, AeroBed®, Berkley®, Campingaz® and Coleman®, ExOfficio®, Fenwick®, Greys®, Gulp!®, Hardy®, Invicta®, K2®, Madshus®, Marker®, Marmot®, Mitchell®, PENN®, Rawlings®, Ride®, Sevylor®, Shakespeare®, Stearns®, Stren®, Trilene®, Völkl&r