S&P: Compass unchanged

Standard & Poor's said the Compass Group Diversified Holdings LLC's acquisition of CamelBak does not currently affect Compass's BB- ratings or stable outlook.

S&P said it views this acquisition as consistent with the company's goal of owning leading players in most of its businesses.

CamelBak, an outdoor enthusiast accessories maker, has good profitability metrics, the agency said, and has the potential for modest synergies with other operating units.

The agency said it expects Compass Group will remain acquisitive over the near term.

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