The Merger And Acquisition Of Outdoor Industry Is Becoming More And More Intense And The Environment Is Changing Constantly.

Amer Sports group announced that it bought the old brand ENVE of Utah, US $50 million cash, and Garmin Ltd, the global positioning system and consumer electronics producer, announced that it had reached a purchase agreement with Private Held Company Delorme.

In the changeable market environment, the merger and acquisition of outdoor industry is becoming more and more intense. There is no tendency to ease. From Anta's acquisition of Desanto to stir the skiing market, Amer bought the old brand ENVE of the US state of Utah for $50 million to enter the cycling market, and to the us Vista for 400 million US dollars to buy BRG Sports's Bell, Giro, C-Preme and Blackburn integrated riding resources, indicating that the brand surviving fiercely between the acquisition and the acquisition. As long as the liquidity in the market is still abundant, maybe the merger and frenzy will continue.

Anta acquisition of Desanto

Anta sports has invested $150 million to set up a joint venture to operate exclusively in China (excluding Hongkong and Macao) and engage in the design, sales and distribution business of all types of products with "Descente" brand. This has greatly entered the domestic ski market.

Anta sports disclosed in its 2015 annual report that it will establish a joint venture with Desanto, a subsidiary of Tokyo listed company, Descente Global Retail Limited of Japan, and Itou Tada, a subsidiary of Tokyo listed company ITOCHU Corporation, to operate exclusively in China (excluding Hongkong and Macao) and engage in the design, sales and distribution business of all categories of products with "Descente" trademarks.

According to the joint venture letter signed by the three parties, the initial capital injection of the joint venture company is 250 million yuan. Anta, DGR and Itochu will share the corresponding shares according to the ratio of 6 to 3: 1.

"Descente" is a famous sports apparel brand in Japan, which is the flagship skiing product.

Anta said the joint venture will start its retail business in the first half of 2017, mainly targeting high-end markets in the region, covering skiing, training, running and other categories of products.

GoPro acquisition of two mobile App Co

Because of its own video editing function has been criticized, in the last quarter of last year's bad earnings report, GoPro company this time determined to announce the acquisition of the two leading mobile video editing applications Splice and Replay.

Integration will accelerate GoPro to provide users with powerful and convenient mobile editing solutions.

Amer Sports group announced the purchase of the old brand ENVE in Utah, US $50 million, and the whole paction is expected to be completed in March.

For the Amer Sports, which owns its MAVIC, the move is meant to expand its share in the bicycle market and directly refer to the North American market (ENVE as an American brand influence and market share, worthy of the same type of brand envy) and enhance global influence.

The Vista outdoor company in the United States recently turned out to be a big deal. They bought $400 million to buy four brands from BRG Sports, including Bell, Giro, C-Preme and Blackburn, and are expected to complete the purchase within a month or two months.

Mark DeYoung, chairman of Vista Outdoor, said the acquisition would help the company become the vision of the world's leading outdoor sports group.

For Vista Outdoor, this is the third acquisition since they were listed last year. Their focus will be on the sale of bicycles and outdoor ski equipment in North America and Europe.

Garmin Ltd, a global positioning system and consumer electronics producer, announced that it had reached a takeover agreement with Private Held Company Delorme, and would wholly purchase all assets of DeLorme.

DeLorme is a company that designs and sells satellite tracking devices with two-way communication and navigation functions.

According to convention, the acquisition is expected to be completed within 30-60 days.

SiGe Aqua became Chr (34) domestic product Chr (34) Harris 16 million 100 thousand CHF acquired SIGG

A few days ago, the Zhejiang HALS vacuum vessel Limited by Share Ltd bought a century old Swiss brand SIGG at the price of 16 million 100 thousand Swiss Franc (CHF). Hare will get 100% of the SIGG Switzerland Bottles AG (under construction).

Founded in 1908, SIGG is a Swiss manufacturing company with more than one hundred years history. Its products include drinking bottles (cups), including aluminum, stainless steel, plastic, glass and other related materials.