Private equity firm to acquire Mammut
A London-based private equity company Telemos Capital is to acquire Swiss outdoor brand Mammut. Subject to obtaining all necessary regulatory approvals, it said it expected to close the acquisition by mid-2021.
It said it had been attracted to Mammut by “its leading premium brand positioning in the growing global outdoor market”. Telemos said it viewed Mammut as combining “high technical expertise, functionality and performance with appealing contemporary design”.