News

Amer Sports acquires US ski brand

06/04/2017

Finnish sports group Amer, the parent company of Arc’teryx, Wilson, Salomon and other brands, has announced the acquisition of US-based ski brand Armada. Amer reported that it valued the deal at $4.1 million, paying $2.5 million of that total in cash. Armada’s annual sales are around $10 million. The ski brand will become part of the Finnish...

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