Ajanta Oy and Novator announce today a strategic partnership focusing on investing and developing Amer Sports Corporation. Ajanta N.V., a limited liability company registered in Belgium, sells 50% of its existing forward contracts to Novator. As a result of this transaction, the joint ownership increases to 25.17%. The intention of this partnership is to introduce a strong owner in Amer Sports Corporation with the objective of accelerating the growth and transformation of the company.
Amer Sports will provide more details about the changes in ownership when the company has received further information.
For further information, please contact:
Ilkka Seppälä, CEO, Ajanta Oy, tel. +358 40 547 6330
Asgeir Fridgeirsson, Novator, tel. +354 822 5000
Tommy Ilmoni, Amer Sports, Vice President, Investor Relations, tel. +358 9 7257 8233
AMER SPORTS CORPORATION
Communications
Maarit Mikkonen
Communications Manager
Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com
DISTRIBUTION
Helsinki Stock Exchange
Principal media
AMER SPORTS CORPORATION
Amer Sports (www.amersports.com) is the world's leading sports equipment company with internationally recognized brands including Salomon, Wilson, Precor, Atomic and Suunto. All Amer Sports companies develop and manufacture technically advanced products that improve the performance of active sports participants. The Group's business is balanced by its broad portfolio of sports and presence in all major markets.
