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Amer Sports history
Amer Sports company history timeline
The acquisition is completed at the end of March 1989 for a total consideration of USD 200 million.
By then, Amer had exited the paper business as well, selling off its holdings in this division by 1994.
In 1994, Amer acquires the operations of Atomic, the Austrian manufacturer of winter sports equipment.
With its products overlapped by those of Wilson, MacGregor was sold off to British company Masters International Ltd. in 1996.
Time/system, with sales subsidiaries in the Nordic countries, United Kingdom, Italy and Germany, is part of Amer Group until 1997.
In 1998, Amer pursued the next phase of its restructuring, streamlining the somewhat unwieldy distribution system inherited through the Wilson acquisition.
The December 1999 purchase created a new division in the company.
The company posted sales of more than EUR 1 billion in 2000.
The year 2000 saw another acquisition, that of Chicago's DeMarini Inc., a maker of bats for softball and baseball, which was placed under the Wilson Sports Co.
By the beginning of its 2001 fiscal year, Amer was posting strong profits, among the best in its industry.
Amer withdraws from its tobacco business on 26 March 2004 as Philip Morris agrees to buy back the exclusive right Amer Tobacco Ltd held to produce and sell Philip Morris cigarettes in Finland.
As a result of Mascot Bidco Oy gaining title to all shares in Amer Sports Corporation, Amer Sports was delisted from the Nasdaq Helsinki on 4 September, 2019.
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Amer Sports competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| UST | 1986 | $1.5B | 4,610 | - |
| CROSS | 1846 | $158.3M | 105 | 40 |
| PING | 1959 | $300.0M | 293 | 7 |
| Affinity Group Holding Inc | 1996 | $350.0M | 1,541 | 114 |
| Ambev | 1999 | $11.2B | 46,500 | - |
| Britannia Pub | - | $15.8M | 10 | - |
| Hudson's Bay Company | - | $1.1M | 15 | 1 |
| Zodiac of North America, Inc. | 1970 | $6.6M | 22 | 3 |
| Pacific Rim Capital | 1990 | $46.5M | 20 | 2 |
| IC Group | 2001 | $359.2M | 56 | - |
Amer Sports history FAQs
Zippia gives an in-depth look into the details of Amer Sports, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Amer Sports. The employee data is based on information from people who have self-reported their past or current employments at Amer Sports. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Amer Sports. The data presented on this page does not represent the view of Amer Sports and its employees or that of Zippia.
Amer Sports may also be known as or be related to Amer Sports and Amer Sports Company.