M&A Deal Summary

ANTA Sports Products Acquires Jack Wolfskin

On April 10, 2025, ANTA Sports Products acquired apparel/textiles company Jack Wolfskin from Topgolf Callaway Brands for 290M USD

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

M&A Deal Summary

Date 2025-04-10
Target Jack Wolfskin
Sector Apparel/Textiles
Buyer(s) ANTA Sports Products
Sellers(s) Topgolf Callaway Brands
Deal Type Divestiture
Deal Value 290M USD

Target

Jack Wolfskin

Idstein, Germany
Jack Wolfskin offers functional outdoor clothing, footwear, and equipment in Europe and is the largest franchisor in the German specialist sports retail market. Jack Wolfskin was formed in 1981 and is based in Idstein, Germany.

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Buyer(S) 1

Buyer

ANTA Sports Products

Jinjiang, China

Category Company
Founded 1991
Sector Apparel/Textiles
Employees65,500
Revenue 70.8B CNY (2024)
DESCRIPTION

ANTA Sports Products is principally engaged in the design, development, manufacture and marketing of ANTA sportswear to provide the mass market with professional sporting products including footwear, apparel and accessories. The Company's brands include ANTA, ANTA KIDS, FILA, FILA KIDS, DESCENTE, SPRANDI, KINGKOW, KOLON SPORT and NBA. ANTA Sports Products was formed in 1991 and is based in Jinjiang, China.


DEAL STATS #
Overall 2 of 2
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 Amer Sports

Helsinki, Finland

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.

Sell -

Seller(S) 1

SELLER

Topgolf Callaway Brands

Carlsbad, California, United States

Category Company
Founded 1982
Sector Consumer Products
Employees30,000
Revenue 4.2B USD (2024)
DESCRIPTION
Entrance to Callaway's corporate headquarters in Carlsbad, California.
Entrance to Callaway's corporate headquarters in Carlsbad, California.

Topgolf Callaway Brands designs, manufactures and sells golf clubs (drivers, fairway woods, hybrids, irons, wedges and putters) and golf balls, and also sells golf accessories (such as golf bags, golf gloves, headwear, towels, umbrellas and travel gear) under the Topgolf Callaway Brands and Odyssey brand names. The Company generally sells its products to retailers, directly and through its wholly-owned subsidiaries, and to third-party distributors. Topgolf Callaway Brands also licenses its trademarks and service marks in exchange for a royalty fee to third parties for use on golf related accessories, including apparel, footwear, eyewear, rangefinders and practice aids. Topgolf Callaway Brands was founded in 1982 and is based in Carlsbad, California.


DEAL STATS #
Overall 2 of 3
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 2 of 3
Country: Germany M&A 1 of 1
Year: 2025 M&A 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-27 Topgolf

Dallas, Texas, United States

Topgolf is a sports-entertainment company that combines golf with social gaming, food, and events. Its venues feature electronically tracked golf balls in driving-range style bays, along with food & beverage, event spaces, and high-tech “Toptracer” ball-flight tracking systems. Topgolf also runs a media business, digital games, and technology platforms. It was founded in 2000 and is headquartered in Dallas, Texas.

Buy $2.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-18 Topgolf

Dallas, Texas, United States

Topgolf is a sports-entertainment company that combines golf with social gaming, food, and events. Its venues feature electronically tracked golf balls in driving-range style bays, along with food & beverage, event spaces, and high-tech “Toptracer” ball-flight tracking systems. Topgolf also runs a media business, digital games, and technology platforms. It was founded in 2000 and is headquartered in Dallas, Texas.

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