Amer owns different niche brands for different sports categories: Salomon ski boots, Louisville Slugger baseball bats, Arcteryx outdoor apparel, etc. The combined business creates a leading global sports equipment company with combined sales of EUR 1.7 billion and 7,300 employees. Weilin+Göös is divested in 1995 and Time/system in 1997. The bid to purchase Amer Sports, which owns brands such as Salomon, Arc’teryx, Wilson, Louisville Slugger, and Precor, was issued by Anta on September 12. Precor is one of the best-known fitness equipment brands in the USA and is the market leader in elliptical fitness equipment. Following the acquisition of the majority share of its voting rights, the publicly quoted Danish company Rias A/S becomes part of Amer Group in1987. Estimated to be worth 4.4 billion euros, Amer Sports last reported annual sales of 2.7 billion euros and employs around 9,500 people. Amer Sports (Salomon, Atomic) announced this morning their $4.1 million acquisition of Armada Skis (yes, you read that number right). Weilin+Göös is known as one of the largest publishers of encyclopaedias and textbooks in Finland and the leading publisher of diaries and calendars. Atomic manufactures and markets alpine and cross-country ski equipment under the Atomic and Dynamic brands. Amer Sports Corporation has completed the acquisition of Louisvillle Slugger from Hillerich & Bradsby Co (H&B) announced on March 23, 2015. To safeguard its future business and growth potential, Amer acquires Wilson Sporting Goods Co. based in Chicago, Illinois. Prior to the listing, the shareholder base is broadened from the four founder organisations (owners of the “K” shares) through a share issue of A shares targeted at the members of the founder shareholders and Amer’s employees. Amer Sports Corporation has today completed the acquisition of Peak Performance from IC Group, announced on April 30, 2018. The profits already take into account the acquisition of Amer Sports, for which it paid 4,661 million euros (5.1 billion dollars). The company confirmed in September that it received the takeover bid … Amer withdraws from its tobacco business on 26 March 2004 as Philip Morris agrees to buy back the exclusive right Amer Tobacco Ltd held to produce and sell Philip Morris cigarettes in Finland. Plastics is part of Amer following the Korpivaara acquisition in 1984 until its divestment at the beginning of 1990. Wilson Team Sports of Amer Group expands its operations by acquiring Athletic Training Equipment Company Inc. (ATEC) is a leading manufacturer of pitching machines for baseball and softball. The acquisition includes both the brand name Queenax and the intellectual property and distribution rights. The business will now be consolidated into Amer Sports on 2 July and will have a minor positive impact onthe company’s 2018 financial results. For the first time Amer enters into a sporting goods business in 1974 through the acquisition of Koho-Tuote Oy, manufacturers of “Koho” ice hockey sticks and protective equipment. The acquisition would also improve Anta's status in her own country.ry. By using our website, you agree to the use of cookies, which help us better adapt our services and offerings to your needs. As a result of Mascot Bidco Oy gaining title to all shares in Amer Sports Corporation, Amer Sports was delisted from the Nasdaq Helsinki on 4 September, 2019. Korpivaara also has its own vehicle lease and hire purchase finance business. Hyppölä (later known as Amerpap), a Finnish paper merchanting and paper converting company is acquired in 1979 and the Group’s Paper Division is duly established. Amer Sports Corporation's acquisition of the Salomon business and its brands has been seen to completion.
2020 amer sports acquisition