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Crush Will Acquire Ski Apparel Maker

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Crush Innovative Sports Systems Inc. said Tuesday that it has signed an agreement to acquire Galena Creek Trading Co., maker of Smiley ski apparel, for about $2.5 million in cash and stock.

Crush will pay Galena Creek, based in Sparks, Nev., $500,000 in cash and about $2 million in stock.

The Los Alamitos company, which was founded in February, makes accessory equipment for snowboards and in-line skates. Crush plans to market its first products in sport stores and rental shops by early next year, according to officials.

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Crush officials said they have not determined if Galena Creek’s operations would remain in Nevada. The deal is expected to close in January.

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