Amer Sports Sells Mavic to U.S. Private Equity Firm

HELSINKI, Finland - After announcing its intention to sell its bicycle business as part of its group portfolio, stock-listed Amer Sports Oyj has now entered into an exclusive agreement with global private equity firm Regent, LP to sell Mavic S.A.S. The purchase price is not disclosed. Amer Sports second bicycle component brand Enve is not included in the sale.