11 December, 2018
Kirkland & Ellis advised FountainVest Partners as a member of an investor consortium in a voluntary public tender offer for all the shares in Amer Sports Corporation (HEL: AMEAS), a Finnish sporting goods company with internationally recognized brands including Salomon, Arc’teryx, Peak Performance, Atomic, Mavic, Suunto, Wilson and Precor. The transaction is valued at approximately €5.6 billion (US$6.4 billion).
The investor consortium comprised ANTA Sports Products Limited (HKSE: 2020), FountainVest Partners, an affiliate of Chip Wilson (founder of lululemon athletica inc) and Tencent Holdings. Read more at the releases by Amer Sports and ANTA Sports Products.
The Kirkland team was led by corporate partners Daniel Dusek and Nicholas Norris, debt finance partners David Irvine and David Couper and investment funds partners Justin Dolling and Jennifer Feng.