Millions enjoy Dorel Industries products daily. Our juvenile and bicycle brands are recognized globally by consumers for safety, comfort, innovation and fun. Established in 1962, Dorel creates style and excitement in equal measure to safety, quality and value. The Company's lifestyle leadership position is pronounced in both its Juvenile and Bicycle categories with an array of trend-setting products. Dorel's powerfully branded products include Safety 1st, Quinny, Maxi-Cosi, Bébé Confort, Tiny Love and regional brands Cosco and Infanti in Juvenile, as well as Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and SUGOI in Recreational/Leisure. Dorel's Home Furnishings segment markets a wide assortment of both domestically produced and imported furniture products, principally within North America. Dorel has annual sales of US$2.4 billion and employs approximately 6,400 people in facilities located in twenty-five countries worldwide.
The Company operates three distinct business segments. Each consists of several operating divisions or subsidiaries.
Dorel's strength lies in the diversity, innovation and quality of its products as well as the superiority of its brands. A high level of customer satisfaction has been achieved through the location of permanent Dorel teams in close proximity to certain major accounts. Dorel maximizes cross-selling, cross-marketing, procurement and other complementary business opportunities. The Company also has over 250 employees in mainland China and Taiwan, offering its divisions and customers a variety of services including quality assurance, supply certification, sourcing of materials, an uninterrupted flow of products and freight forwarding.
Dorel's initial public offering was in July 1987 ($5.00 per share - pre 2-1 stock split).