Anta Sports to acquire Jack Wolfskin

14/04/2025
Anta Sports to acquire Jack Wolfskin
Topgolf Callaway Brands has agreed to sell Jack Wolfskin to Chinese sports group Anta Sports for $290 million in cash. The golf and lifestyle group had acquired the German outdoor brand in 2018 for €418 million (or $476 million at the currency rate of the time).

In its full year guidance for 2025, TopGolf Callaway had indicated that it expected revenues for Jack Wolfskin to reach approximately €325 million and €12 million in adjusted EBITDA.

In addition to Anta, a leading brand in China, Anta Sports has acquired a wide portfolio of companies in recent years, including Kolon and Amer Sports brands Salomon, Arcteryx, Peak Performance and Wilson among others.