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  5. Amer Sports Acquires Peak Performance Production AB

M&A Deal Summary

Amer Sports Acquires Peak Performance Production AB

On April 30, 2018, Amer Sports acquired apparel/textiles company Peak Performance Production AB from IC Group for 1.9B DKK

Acquisition Highlights
  • This is Amer Sports’ 2nd transaction in the Apparel/Textiles sector.
  • This is Amer Sports’ 2nd largest (disclosed) transaction.
  • This is Amer Sports’ 1st transaction in Sweden.

M&A Deal Summary
Date 2018-04-30
Target Peak Performance Production AB
Sector Apparel/Textiles
Buyer(s) Amer Sports
Sellers(s) IC Group
Deal Type Divestiture
Deal Value 1.9B DKK

Target

Peak Performance Production AB

Stockholm, Sweden
Peak Performance Production AB is a premium sports fashion brand. Peak Performance has a strong presence in the North and Central European markets, and the brand is also highly recognized outside of Europe. Peak Performance has evolved from its skiwear heritage to a balanced sportswear brand with year-around offering, capitalizing on the performance inspired fashion culture with strong global market growth. More than 40% of the brand’s sales is womenswear and approximately 45% is direct to consumer.

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Buyer(S) 1

Buyer

Amer Sports

Helsinki, Finland
Category Company
Founded 1950
Sector Consumer Products
Employees13,400
Revenue 5.2B USD (2024)
DESCRIPTION

Amer Sports is a sporting goods company with 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. Amer Sports was formed in 1950 and is based in Helsinki, Finland.

DEAL STATS #
Overall 11 of 11
Sector: Apparel/Textiles M&A 2 of 2
Type: Divestiture M&A Deals 4 of 4
Country: Sweden M&A 1 of 1
Year: 2018 M&A 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-22 ENVE Composites

Ogden, Utah, United States

ENVE Composites LLC is a designer and manufacturer of carbon wheels, components, and accessories for road and mountain biking.

Buy $50M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-11 Mavic

Epagny Metz-Tessy, France

Mavic is a manufacturer of bike systems and rider's equipment. Mavic was founded in 1889 and is based in Epagny Metz-Tessy, France.

Sell -

Seller(S) 1

SELLER

IC Group

København, Denmark
Category Company
Sector Apparel/Textiles
DESCRIPTION

IC Group A/S is a Denmark-based company that operates in the apparel and fashion industry, focusing exclusively on the premium segment. The group operates and develops premium brands like Tiger of Sweden, By Malene Birger and Designers Remix and fast fashion brand Saint Tropez.

DEAL STATS #
Overall 1 of 2
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Sweden M&A 1 of 1
Year: 2018 M&A 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 IC Logistics

Denmark

IC Logistics is a provider of 24/7 Freight Movement in Uper MidWest Market Place.

Sell -
Mergr

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