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Experts weigh in on impact of Peloton's $420 million Precor acquisition


Precor
Peloton announced Monday that it was buying the fitness-equipment provider Precor for $420 million. 
Analysts said the deal would play a significant role in both short- and long-term growth for Peloton, including increasing production capabilities through Precor s 625,000 square feet of manufacturing space, while also helping the luxury-fitness company push into more commercial venues like hotels and gyms. 
The deal helps Peloton add a large footprint to be able to serve consumers who will still continue to exercise from home as the restrictions and stay-at-home orders continue,
Andre Artacho, the
managing director of the growth consultancy Two Nil, told Business Insider. ....

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