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Amer Sports buyout has begun

Published December 21, 2018

HELSINKI (BRAIN) — The investor group acquiring Amer Sports has begun to buy up the company's outstanding and issued shares through a voluntary recommended public cash tender.

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The consortium, named Mascot Bidco Oy, includes Anta Sports Products Limited; FV Mascot JV, L.P., an investment vehicle managed by FountainVest Partners; and Anamered Investments Inc., an investment company owned by Lululemon founder Chip Wilson. The consortium began the offer Thursday. The acceptance period for the offer will expire Feb. 28.

The tender offer document is available at ir.anta.com/en/news_amer and nordea.fi/equities.

Amer Sports owns Salomon, Arc’teryx, Peak Performance, Atomic, Mavic, Enve, Suunto, Wilson and Precor.

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