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  1. Home
  2. Companies
  3. Johnson Health Tech Co., Ltd.
Johnson Health Tech Co., Ltd. logo

Johnson Health Tech Co., Ltd.

Taiwanese fitness equipment manufacturer and owner of Matrix, Horizon, Vision, BowFlex, Schwinn Fitness, and JRNY.

Company Type

public

Founded

1975

Headquarters

Taichung, Taiwan

Stock

Taiwan Stock Exchange: 1736

Primary Market

Global

Johnson Health Tech Co., Ltd. Timeline

1975

Johnson Health Tech Co., Ltd.

Founded by Peter Lo

Company Founded
1986
Bowflex

Bowflex established by Tessema D. Shifferaw

Founded
2024
Bowflex

Johnson Health Tech Co., Ltd. acquired Bowflex

Acquired

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Amazon
Bowflex on Amazon

About Johnson Health Tech Co., Ltd.

Taiwanese fitness equipment manufacturer and owner of Matrix, Horizon, Vision, BowFlex, Schwinn Fitness, and JRNY.

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History of Johnson Health Tech Co., Ltd.

Peter Lo founded Johnson Health Tech in Taichung in 1975. The business began as a fitness equipment maker and supplier. It expanded from manufacturing into owned brands, international distribution, and specialty retail.

Matrix Fitness was established as the group's commercial equipment brand. Horizon and Vision built positions in consumer cardio equipment. Manufacturing scale in Taiwan and China supported sales through distributors and the group's own regional businesses.

In March 2024, BowFlex Inc., formerly Nautilus, Inc., filed for Chapter 11. Johnson Health Tech Retail agreed to act as the stalking horse bidder. The bankruptcy court approved the sale on April 15, and it closed on April 22 for $37.5 million, subject to adjustments.

The acquired assets included BowFlex, Schwinn Fitness, and JRNY, plus inventory and other operating property. Johnson Health Tech said it would integrate BowFlex and Schwinn into its North American sporting goods and e-commerce group.

Controversy, Regulation & Public Scrutiny

In June 2025, the U.S. Consumer Product Safety Commission announced a recall of about 3.8 million BowFlex adjustable dumbbells after reports that weight plates could dislodge. Most units had been sold by the former Nautilus or BowFlex company. Johnson Health Tech Trading provided the recall remedy, with different terms based on whether units were sold before or after the asset acquisition.

Brands Owned by Johnson Health Tech Co., Ltd.

Johnson Health Tech Co., Ltd. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.

1 brands across 1 category
Johnson Health Tech Co., Ltd.
Parent Company

Johnson Health Tech Co., Ltd.

public · Founded 1975 · Taichung, Taiwan

1

brands

View all 1 brand in grid view

Stock Information

Johnson Health Tech Co., Ltd. Ownership: Pros & Cons

Advantages

  • +Manufacturing capacity supports a broad equipment portfolio
  • +Commercial and home brands diversify customer exposure
  • +Public listing provides financial reporting
  • +Shared distribution can support acquired brands

Considerations

  • -Multiple brands require careful channel management
  • -Product recalls can create large service costs
  • -Global manufacturing creates currency and supply-chain exposure
  • -Acquired brands may carry historical customer expectations

Frequently Asked Questions About Johnson Health Tech Co., Ltd.

What brands does Johnson Health Tech own?

The portfolio includes Matrix, Horizon, Vision, BowFlex, Schwinn Fitness, and JRNY, among other regional businesses.

Is Johnson Health Tech publicly traded?

Yes. It trades on the Taiwan Stock Exchange under code 1736.

Who founded Johnson Health Tech?

Peter Lo founded the company in Taichung in 1975.

When did Johnson Health Tech acquire BowFlex?

Its U.S. retail subsidiary completed the $37.5 million asset purchase on April 22, 2024.

Does Johnson Health Tech own Nautilus?

No authoritative acquisition source supports that claim. The Nautilus trademarks were sold by the old Nautilus, Inc. in 2023 before the BowFlex asset sale.

Sources & Further Reading

  • Johnson Health Tech BowFlex acquisition announcement:
  • Johnson Health Tech company history:
  • BowFlex bankruptcy asset disclosure:
  • CPSC BowFlex dumbbell recall:

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Last reviewed: August 8, 2026 · Reviewed by Who Brands Editorial Team