Bli medlem
Bli medlem

Du är här


Amer Sports Oyj: Amer Sports has completed the acquisition of Louisville Slugger

Amer Sports Corporation

April 22, 2015 at 4.00 p.m.

Amer Sports has completed the acquisition of Louisville Slugger

Amer Sports Corporation has completed the acquisition of Louisvillle Slugger
from Hillerich&Bradsby Co (H&B) announced on March 23, 2015. With the close
of the acquisition Amer Sports retains the global brand, sales and innovation
rights to Louisville Slugger, a leading American baseball brand. The
agreement has been approved by H&B shareholders.

Louisville Slugger reported annual sales of USD 75 million in 2014. The
acquisition price is USD 70 million in an all-cash transaction. The
acquisition impact is expected to be neutral to Amer Sports EBIT margin
excluding non-recurring items in 2015 and accretive as of 2016. Louisville
Slugger will be consolidated into Amer Sports' Team Sports business unit as
of today.

For further information, please contact:

Päivi Antola
Director, Corporate Communications and IR
Tel. +358 20 7122 537


Main media


Amer Sports ( is a sporting goods company with
internationally recognized brands including Salomon, Wilson, Atomic,
Arc'teryx, Mavic, Suunto and Precor. The company's technically advanced
sports equipment, footwear and apparel improve performance and increase the
enjoyment of sports and outdoor activities. The Group's business is balanced
by its broad portfolio of sports and products and a presence in all major
markets. Amer Sports shares are listed on the Nasdaq Helsinki stock exchange


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Amer Sports Oyj via Globenewswire


Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.