Corporate History
Corporate History - A Disciplined Growth Strategy
Dorel Industries completed its initial public offering in July 1987 following a merger between Dorel Co. Ltd., a juvenile products company founded by Leo Schwartz in 1962 and Ridgewood Industries, a ready-to-assemble (RTA) furniture company established by Martin Schwartz, Jeff Segel and Alan Schwartz in 1969. Initially selling to customers in Canada, Dorel expanded by entering the U.S. market and by establishing Dorel U.K. in 1988. Since then, Dorel has grown steadily, both organically and through a series of strategic acquisitions.
1988 | Cosco Inc | U.S. based company manufacturing and importing both juvenile and home furnishings products comprising two distinct divisions, DJG USA and Cosco Home & Office |
1990 | Charleswood | U.S. based manufacturer of RTA furniture - now part of the Ameriwood group |
1994 | Maxi Cosi | Juvenile products company based in the Netherlands, with offices in Germany - now a part of Dorel Europe |
1998 | Ameriwood | U.S. based manufacturer of RTA furniture |
2000 | Safety 1st | U.S. based juvenile products company, part of DJG USA |
2001 | Quint B.V | Holland based manufacturer of Quinny strollers |
2003 | Ampa France | Juvenile products company headquartered in France with offices throughout Southern Europe now Dorel Europe |
2003 | Carina Furniture | Canadian ready-to-assemble (RTA) furniture manufacturer, now part of the Ameriwood group |
2004 | Pacific Cycle | U.S. based recreational products company that sells product principally under the Schwinn, Mongoose, GT and Roadmaster brands mainly services Dorel's mass market customers |
2007 | IGC Australia | Juvenile products manufacturer and distributor with customers in Australia and New Zealand |
2008 | Cannondale / SUGOI | Recreational products company headquartered in the U.S. with locations in Canada, Europe, Australia and Japan |
2008 | PTI Sports | U.S. based bicycle accessories company - part of Pacific Cycle |
2009 | Baby Art | Belgium based juvenile products company selling under the Baby Art and Hoppop brands - part of Dorel Europe |
2009 | Dorel Brazil | Juvenile products company established in Brazil |
2009 | Iron Horse Bicycles | U.S. based importer of bicycles |
2009 | Gemini Bicycles | Australian distributor of mainly Dorel's portfolio of branded bicycles |
2009 | Hot Wheels/Circle Bikes | UK distributor of mainly Dorel's portfolio of branded bicycles |
2011 | Silfa | Juvenile products company headquartered in Chile with offices in Peru and sales to Argentina and Bolivia |
2012 | Poltrade | Polish distributor of mainly Dorel's portfolio of branded juvenile products |
2012 | Best Brands / Baby Universe | Juvenile products companies based in Panama and Colombia |
2013 | Caloi | Brazilian-based bicycle company and Latin America’s largest bicycle brand |
2013 | Cannondale Pro Cycling and Brixia Sports | Majority ownership |
2014 | Tiny Love Ltd | A global, multiple award-winning baby products and developmental toy company headquartered in Tel Aviv, Israel |
2014 | Infanti | Right to sell Infanti brand in Brazilian market |
2014 | Lerado Group | Juvenile business of Lerado Group (Hong Kong) |
2014 | Intercycles | Intercycles (Chile) |
2016 | Ameriwood Home | Rebrand to Ameriwood Home representing both import and domestic RTA furniture |
2018 | Alphason | UK distributor of home office and audio-visual furniture |
2021 | Notio Living | Danish-based home furnishings company |