Amer Sports Being Sold to Chinese

[RikkiBobbi]

This will include Arc'teryx, Atomic, Salomon, among others.

https://globenewswire.com/news-rele...ary-public-cash-tender-offer-for-all-the.html

Sorry if this has been posted already.

 

[cantunamunch]

We had a decent thrash out on the broad topic a while back, not based on this specific announcement tho.

https://www.pugski.com/threads/salomon-gets-5-5-billion-bid-by-anta-sports.11534/page-2#post-265295

 

[Doug Briggs]

There is this one, too:

Chinese Investor Consortium Reaches Agreement To Acquire Amer Sports

 

[François Pugh]

Should we expect more Chinese production for those products?

 

[Tom K.]

China has over 700 ski resorts AND skier visits are growing at a whopping 16%. Makes sense for them to be looking at Amer Sports.

IMO, this concisely explains explains the whole deal.

 

[Lorenzzo]

IMO, this concisely explains explains the whole deal.

And extremely brand conscious, difficult to start from scratch given that reality. Gov. is also incentivizing manufacturing additive acquisitions in light of changes in trade.