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Jie (also known as James) Zheng has been appointed the new president and CEO of Amer Sports by the Chinese owned investor consortium Mascot Bidco. - Photo Messe München GmbH

Chinese take-over leads to top management changes for Amer Sports

HELSINKI, Finland - Finnish sporting goods giant Amer Sports Corporation has announced some senior management changes. This follows the take-over...

Mavic President Gary Bryant. – Photo Mavic

'Mavic To Develop into Premium Full Cycling Brand'

ANNECY, France - Amer Sports has completed its divestment of Mavic SAS. The Finnish sporting goods manufacturer has finalized the sale of its French...

The transfer of ownership is expected in the second quarter of 2019. - Photo Bike Europe

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...

Mavic and Enve no longer fit in Amer Sports’ strategy. – Photo Mavic

Amer Sports Now Actively Searching for Mavic and Enve Buyer

HELSINKI, Finland - Amer Sports has published its financial 2018 report in which the company announced that it is now actively seeking for a...

Amer Sports’ Salomon shop in Toronto, Canada. – Photo Shutterstock

Amer Sports Takeover by Chinese Companies Becoming More Likely

HELSINKI, Finland - It started with Amer Sports' announcement that it wants to sell its activities in the cycling market with Mavic and Enve on 5...

The question of how Brussels envisages acquisitions such as the proposed one of Amer Sports by Chinese companies stems from recent publications on EU policy and that of individual member states regarding Chinese investments in European companies. – Photo Shutterstock

Will EU Intervene in Amer Sports Takeover by Chinese companies?

HELSINKI, Finland - After Amer Sports announced one week ago that it wants to sell its activities in the cycling market with Mavic and Enve, the...

Amer Sports is looking for candidates to take-over Mavic and Enve. – Photo Mavic

Amer Sports Wants to Sell Mavic and Enve

HELSINKI, Finland - Mavic and Enve no longer fit in Amer Sports' strategy to pursue sustainable, profitable growth. "We prioritize acceleration in...

Mavic and ENVE were hit by lower OEM orders in first three months of 2018. – Photo ENVE

Amer Sports Sees Again Big Sales Drop for Mavic and ENVE

HELSINKI, Finland - Amer Sports did not had a good first half of 2018 as its cycling activities through subsidiaries Mavic and ENVE saw a further...

Mavic and ENVE were hit by lower OEM orders in first three months of 2018. – Photo Mavic

Amer Sports Sees Double-Digit Sales Drop for Mavic and ENVE

HELSINKI, Finland - Amer Sports did not had a good start of 2018 as its cycling activities through subsidiaries Mavic and ENVE saw a further...

Amer Sports is incorporating forward integration strategy with expanding number of own branded retail stores. – Photo TopTentTheran

Amer Sports Reports Omni-Channel Transition Successes

HELSINKI, Finland - Amer Sports saw its sales in cycling products under the Mavic and Enve brands drop with over 10% last year. But the Finnish...