DaKine sold to Altamont Capital

The Hood River sportswear company DaKine has been sold to Altamont Capital Partners, according to Internet reports.

According to the adventure sports industry website eatshopsurf.com, the Australian-based Billabong, owner of Dakine, announced it had “struck a multi-pronged deal with Altamont Capital Partners to help the company out of its financial turmoil.”

Altamont spokeswoman Aman Battish confirmed the sale when contacted by phone on Tuesday morning.

According to the web article, the deal includes the sale of DaKine to Altamont, of Palo Alto, for $70 million, and DaKine will be run as a separate company.

Former Oakley and Nike executive Scott Olivet will become the new DaKine CEO, according to eatshopsurf.com.

On the industry website transworldbusiness, Altamont principal Steve Brownlie was quoted as saying, “DaKine has a high quality brand, strong track record, and long history in the markets it serves — all of the qualities we look for in a consumer business.

“There is a talented team at the company and we are excited to work with them to build on DaKine’s successful history and drive future growth opportunities,” Brownlie added.

The Billabong board of directors approved the deal unanimously, including current CEO Launa Inman, who also sits on the board.

Dakine was founded by Hawaii resident Rob Kaplan in 1979, and has since evolved to be one of the largest bag and accessory brands within the action sports market.

As reported two weeks ago in the Hood River News, DaKine moved to new offices on the Hood River waterfront in June after two decades in downtown Hood River.

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Parkdale third graders sing "12 Disaster Days of Christmas"

Welcome to your sing-able Christmas gift list. What follows is an emergency rendition of “12 Days of Christmas” – for outfitting your home or car in case of snow storm, earthquake, flood or other emergency. Read it as a simple list, or sing it to the tune of “12 Days” – you know, as in “ … and a partridge in a pear tree…” Not to make light of it, but the song is a familiar framework for a set of gift ideas that you could consider gathering together, even if the recipient already owns items such as a bunch of coats, tire chains and flashlights. Stores throughout the Gorge are stocked up on all these items. Buying all 12 days might be prohibitive, but here are three ideas for checking any of the dozen off your list (notations follow, 1-12.) The gift items needed to stay warm, dry and safe are also coded to suggest items in your abode (A) in your car (C) or both (B). 12 Gallons of Water (A) 11 Family meals (B) 10 Cans of propane (A) 9 Hygiene bags (B) 8 Packs of batteries (A) 7 Spare coats (B) 6 Bright red flares (C) 5 Cozy blankets (B) 4 Tire chains (C) 3 Flashlights (B) 2 cell phone chargers (B) 1 And a crush-proof first aid kit (B) Price ranges? Here’s a few quotes for days Three, Two, Four and Nine: n A family gift of flashlights (three will run $15-30, Hood River Supply, Tum-A-Lum) n Cell phone chargers (two will run $30-60) n Tire chains (basic set, $30, Les Schwab, returnable if unused for the winter) n Family meals ($100 or so should cover the basics for three or four reasonably well-fed days) n The home kit should be kept in a handy place near an exit, and remember that water needs to be replenished every few months. If you have a solid first aid kit already, switch out the gift idea with “and-a-sto-o-u-t- tub-for it-all …” Otherwise, it’s a case of assembling your home or car kits and making sure all members of the family know what the resources are and how to use them (ie flares and propane). Emergency situations are at worst life-threatening, at best deeply uncomfortable if you and your family are left without power for an extended period, or traveling and find yourself in a situation where you need to wait out a storm, lengthy traffic delay, or other crisis. Notes on the 12 gift ideas: 12 – Gallons of water: that’s one per person in a four-member family to last for three days, the recommended minimum to be prepared for utility outages. 11 – Easy-open packaged goods, energy bars, dried food and nuts are good things to include for nutrition. Think of what your family of four needs for three days to stay fortified and hydrated (see number 12). Can-opener also recommended 10 – If you have a propane camping stove, keep extra fuel handy. 9 – Hygiene bags: put packaged moistened towelettes, toilet paper, and plastic ties in large garbage bags (for personal sanitation) Resource list courtesy of Hood River County Emergency Management, Barbara Ayers, manager/ 541-386-1213. The county also reminds residents to Get a Kit, Make A Plan to connect your family if separated, and Stay Informed. See www.co.hood-river.or.us to opt-in for citizen alerts. Enlarge



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