Polaris Industries announced that they have acquired Teton Outfitters, LLC, a privately owned, Rigby, Idaho-based company which designs, develops and distributes KLIM Technical Riding Gear. The company’s 2012 sales are expected to reach 30 million, primarily in North America and from the snowmobile market. KLIM has a presence in the snowmobile, off-road and adventure touring motorcycle markets and a network of 850 dealers. Polaris management expects to leverage KLIM’s design capabilities and strong brand with the global resources, infrastructure and dealer networks of the various Polaris Industries brands to further boost their growing and highly profitable PG&A business. The KLIM CEO will remain with the company which will operate as a stand alone business. Learn more: Seekingalpha.com