Equip Outdoor Technologies, the British company that owns Rab and Lowe Alpine, has reached an agreement to sell the Podsacs brand to Planet X, the U.K. bike maker and retailer based in Sheffield. Equip, which is based in Derbyshire, acquired the Podsacs brand in 2007 from Pete O'Donovan, a climber who founded the brand in the early 1980s and expanded the collection from packs and bouldering mats to include a range of accessories for climbers. Equip says the sale marks a final step in a process that will enable the Equip group to focus on growing the Rab and Lowe Alpine brands. Planet X employs more than 100 staff people at its headquarters in south Yorkshire, where they design, manufacture and assemble high-performance road and mountain bikes and components. Podsacs joins Planet X's existing brands: On-One, Titus, Holdsworth, Sab, Tomac and Viner.
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