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Amer (Enve's owner) applies for Nasdaq delisting after buyout

Published August 15, 2019

HELSINKI (BRAIN) — Amer Sports Corporation, the former owner of Mavic and current owner of Enve Composites and other brands, has asked for its stock to be delisted from the Nasdaq Helsinki stock exchange. Mascot Bidco Oy, a group led by Chinese sports brand Anta, has acquired all shares of Amer in a buyout that was initiated last September

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Besides Enve, Amer Sports' brands include Salomon, Arc'teryx, Peak Performance, Atomic, Suunto, Wilson, Louisville Slugger and Precor. It sold Mavic to Regent, a California investment firm, in July. This month, Regent also bought Redline, Diamondback and IZIP from the Dutch conglomerate Accell Group. 

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