2012-07-06

Babolat

The wife was asking me if Babolat was a public company, so I looked into it.  The official site doesn't really say, and other search results turned up responses that it's a privately-held company.

Except when I put "Babolat" into Google Finance, a Japanese company called Descente turned up.  The company profile was from Reuters, and states that Descente makes Babolat products.  The Descente website has almost nothing on Babolat in English, except one line in the history, but the Japanese page has mention of the French brand started in 1875.

So the question is whether or not to invest in Descente.  The French company likely retains the brand rights, and could switch manufacturers should they see fit.  Plus, it's hard to analyze financials of overseas companies that don't have the same accounting practices that the U.S. has.  But nothing ventured, nothing gained, right?

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