Finland's Amer Sports buys U.S. baseball brand Louisville Slugger

S

Sports News

Guest
HELSINKI (Reuters) - Finnish sporting goods group Amer Sports will buy U.S. baseball brand Louisville Slugger for $70 million to step up growth at its ball sports unit, it said on Monday. Louisville Slugger, owned by Hillerich & Bradsby Co, is the market leading wood bat in the United States, and last year the brand reported sales of $75 million. Amer Sports, whose other brands include Wilson tennis rackets and Salomon skis, said the Louisville acquisition would improve its underlying operating profit margin from 2016. Last year, Amer reported sales of 2.2 billion euros ($2. ...

Continue reading...
 

Attachments

  • 98d4a061dccb332e005f9edd1e7ddfda.jpg
    98d4a061dccb332e005f9edd1e7ddfda.jpg
    3.4 KB · Views: 10
Back
Top