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PRODUCT NEWS
Dyaco buys Sweatband.com to create 'global powerhouse' for B2B and consumer fitness products
11 Sep 2023 . BY Tom Walker
Dyaco's product portfolio covers a wide range of fitness equipment / Dyaco UK
Fitness equipment specialist, Dyaco UK, has acquired online fitness marketplace Sweatband.com.

Founder, Maz Darvish, will remain a shareholder in the combined business while moving on to launch a new AI start-up called Cognition Hub.

“As I embark on a new venture, I look forward to continuing to work closely with Dyaco UK to help accelerate what has been a significant period of growth," Darvish said.

With the deal, Dyaco UK is looking to expand its services and to cover both the consumer and commercial fitness markets. It is currently mainly B2B.

According to Dean Jackson, who is now CEO of Dyaco UK and Sweatband.com, the move will see the two companies leveraging their "complementary capabilities", combining Dyaco's Taipei-based manufacturing capacity and product portfolio with Sweatband.com’s knowledge of the e-commerce landscape.

“This deal marks an exciting chapter for Dyaco UK, as we combine our resources and expertise to create a global powerhouse in the fitness industry," Jackson said.

"It will drive accelerated growth in key markets globally, allowing Dyaco UK to strengthen its market position and expand its reach.

Dyaco UK is a 100 per cent owned subsidiary of Dyaco International Inc (T/A Dyaco), which is headquartered in Taiwan.

The parent company has offices in 86 countries, employs over 1,000 people globally and already has a portfolio of 500 products.

Dyaco UK was set up in March 2018 to extend the brand into the UK market, with the parent company investing substantially in the launch.
PRODUCT NEWS
Team GB chooses Absolute Performance for Olympic gym contract for third time
Cardiff-based gym design and installation company, Absolute Performance, has been awarded the contract to design, supply and install three gyms for Team GB for the 2024 games in Paris.
Balanced Body partners with Third Space on its new group reformer pilates offering
As Third Space unveiled its latest club in Wimbledon at the end of 2023 as part of its growth development into suburban, residential locations, it also revealed a new state of the art Reformer Pilates studio at the new site in response to members seeking a low-impact, full- body workout for all abilities.
Skillcourt UK launches at The Kia Oval, London
Skillcourt UK is thrilled to announce the official launch of its innovative platform at The Kia Oval in London.
Introducing the next generation of Precor cardio consoles: a perfect blend of performance, fitness and entertainment
Precor made history in 2011 with the launch of the first connected fitness console. Since then, exercisers from over 340,000 facilities across 100 countries have completed an astonishing 1.2 billion workouts and counting on Precor-connected fitness cardio products.
VibeShift technology delivers enhancing vibration to indoor cycling
Power Plate’s new VibeShift technology is now available on the Power Plate Rev bike.
Resolute Multi-Stations offer a configurable design
In response to the growth in strength training, Precor has launched its Resolute Multi- Stations.
Nada Rx flooring reduces stress on joints
Ecore has launched Nada Rx, an ECOsurfaces PVC-free flooring line.
Boxblitx gamifies boxing
Boxblitx, an interactive boxing fitness machine, has been designed to transform gym routines by gamifiying boxing.
Emperor Ice Baths makes global debut
Tapping into the growing interest in cold water immersion, Emperor Ice Baths has created what founder Daniel Watson calls "the most bespoke [portable] ice bath on the market".
Hyperice and Escape Fitness partner to redefine recovery
Fitness and recovery brands Hyperice and Escape Fitness have teamed up to create dedicated recovery stations for spas, gyms and high-performance sport-specific training facilities.
Pulse has added a Curved Slat Treadmill to its offering
Pulse Fitness has announced the launch of two new products: the Curved Slat Treadmill and the Multi-Functional Trainer Rack.
Envirochem: Rest assured with our UKAS-accredited legionella testing service
Although Legionnaires' disease isn’t common, it can be serious.
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02-04 Mar 2024

World Spa & Wellness Conference

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Jobs    News   Products   Magazine
PRODUCT NEWS
Dyaco buys Sweatband.com to create 'global powerhouse' for B2B and consumer fitness products
11 Sep 2023 . BY Tom Walker
Dyaco's product portfolio covers a wide range of fitness equipment / Dyaco UK
Fitness equipment specialist, Dyaco UK, has acquired online fitness marketplace Sweatband.com.

Founder, Maz Darvish, will remain a shareholder in the combined business while moving on to launch a new AI start-up called Cognition Hub.

“As I embark on a new venture, I look forward to continuing to work closely with Dyaco UK to help accelerate what has been a significant period of growth," Darvish said.

With the deal, Dyaco UK is looking to expand its services and to cover both the consumer and commercial fitness markets. It is currently mainly B2B.

According to Dean Jackson, who is now CEO of Dyaco UK and Sweatband.com, the move will see the two companies leveraging their "complementary capabilities", combining Dyaco's Taipei-based manufacturing capacity and product portfolio with Sweatband.com’s knowledge of the e-commerce landscape.

“This deal marks an exciting chapter for Dyaco UK, as we combine our resources and expertise to create a global powerhouse in the fitness industry," Jackson said.

"It will drive accelerated growth in key markets globally, allowing Dyaco UK to strengthen its market position and expand its reach.

Dyaco UK is a 100 per cent owned subsidiary of Dyaco International Inc (T/A Dyaco), which is headquartered in Taiwan.

The parent company has offices in 86 countries, employs over 1,000 people globally and already has a portfolio of 500 products.

Dyaco UK was set up in March 2018 to extend the brand into the UK market, with the parent company investing substantially in the launch.
PRODUCT NEWS
Team GB chooses Absolute Performance for Olympic gym contract for third time
Cardiff-based gym design and installation company, Absolute Performance, has been awarded the contract to design, supply and install three gyms for Team GB for the 2024 games in Paris.
Balanced Body partners with Third Space on its new group reformer pilates offering
As Third Space unveiled its latest club in Wimbledon at the end of 2023 as part of its growth development into suburban, residential locations, it also revealed a new state of the art Reformer Pilates studio at the new site in response to members seeking a low-impact, full- body workout for all abilities.
Skillcourt UK launches at The Kia Oval, London
Skillcourt UK is thrilled to announce the official launch of its innovative platform at The Kia Oval in London.
VibeShift technology delivers enhancing vibration to indoor cycling
Power Plate’s new VibeShift technology is now available on the Power Plate Rev bike.
Resolute Multi-Stations offer a configurable design
In response to the growth in strength training, Precor has launched its Resolute Multi- Stations.
Nada Rx flooring reduces stress on joints
Ecore has launched Nada Rx, an ECOsurfaces PVC-free flooring line.
Boxblitx gamifies boxing
Boxblitx, an interactive boxing fitness machine, has been designed to transform gym routines by gamifiying boxing.
Emperor Ice Baths makes global debut
Tapping into the growing interest in cold water immersion, Emperor Ice Baths has created what founder Daniel Watson calls "the most bespoke [portable] ice bath on the market".
Hyperice and Escape Fitness partner to redefine recovery
Fitness and recovery brands Hyperice and Escape Fitness have teamed up to create dedicated recovery stations for spas, gyms and high-performance sport-specific training facilities.
Pulse has added a Curved Slat Treadmill to its offering
Pulse Fitness has announced the launch of two new products: the Curved Slat Treadmill and the Multi-Functional Trainer Rack.
Myndstream’s wellness music service comes to market
Wellness operators now have access to a wider range of music, following the launch of Myndstream’s subscription-based music service.
Klafs acquired by Kohler from Egeria Group
Spa operator and bathroom fixtures company Kohler has entered into a definitive agreement to acquire saunas, steamrooms and hydrothermal area specialist Klafs from investment company Egeria Group.
+ More products   
 
COMPANY PROFILES
Merrithew® - Leaders in Mindful Movement™

Merrithew® caters to exercise enthusiasts, fitness professionals, studio and facility owners, athl [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

02-04 Mar 2024

World Spa & Wellness Conference

Excel exhibition and conference centre , London, United Kingdom
03-05 Mar 2024

IBS New York

Javits Convention Center, New York, United States
+ More diary  
 


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