Acquisition
December 02 2003 - 4:15AM
UK Regulatory
RNS Number:7294S
Amer Group PLC
02 December 2003
2 December 2003
Amer Group Plc
AMER GROUP'S ATOMIC (WINTER SPORTS DIVISION) ACQUIRES VOLANT BRAND
Atomic, the Winter Sports Division of Amer Group Plc, is expanding its offerings
by acquiring the Volant ski brand from Huffy Corporation. Volant is a North
American based ski brand which is mainly sold at the top-end of the market. The
acquisition also includes several ski technology patents. The turnover of the
brand in 2003 is expected to be around 4 million euros.
Volant skis have been produced in Atomic's Altenmarkt factory on an OEM basis
for the past two years.
AMER GROUP PLC
Communications
Max Alfthan
Vice President, Corporate Communications
Tel. +358 9 7257 8216, e-mail: firstname.lastname@amersports.com
www.amersports.com
www.huffy.com
AMER GROUP PLC
Amer Group is one of the world's leading sports equipment companies with its
internationally recognised brands Wilson, Atomic, Suunto and Precor. 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. In
2002 Amer Group made an operating profit of EUR 103.0 million on net sales of
EUR 1,101.9 million. Earnings per share were EUR 2.95. At the end of 2002 the
Company had 3,939 employees.
This information is provided by RNS
The company news service from the London Stock Exchange
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