By  on July 12, 2010

TOKYO — Asics Corp. said Monday that it has agreed to purchase 100 percent of Swedish outdoor products company Haglöfs for 1 billion Swedish krona, or $133.4 million at current exchange, from private equity company Ratos AB.

Kobe, Japan-based Asics said it is looking to expand its apparel business by rolling out high-quality and functional products, as well as grow its core business of running gear.

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