German outdoor apparel and equipment maker Jack Wolfskin is being sold by Barclays Private Equity and Quadriga Capital, which have owned the business since 2005’s secondary management buyout of the company from Bain for EUR93 million. According to Reuters, the sellers hope for a price tag of EUR600 to EUR800 million.

Final bids on the sale of the company are expected in early March 2011, and a deal could close as early as April, Reuters has reported.

US-based VF Corp, which also owns outdoor brand The North Face, is among the bidders.

In 2010, Jack Wolfskin saw sales increase by 21% to EUR304 million. According to an industry source the company posted roughly EUR20 million in profit.

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