Amer Sports has announced that it will acquire Enve Composites for $50 million in an all-cash transaction. Enve, based in Utah, is a maker of high-end carbon wheels, components and accessories for road and mountain cycling. The company has annual sales of around $30 million. The acquisition, which is expected to be completed by the end of March, will have no material impact on Amer Sports' 2016 financial results, while it will be accretive to the group's Ebit margin in 2017.

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