Finnish Amer Sports, Inc., which includes the Arc’teryx, Salomon, Wilson, Peak Performance and Atomic brands, among others, announced on Jan. 4, 2024, that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Amer Sports has applied to list its common stock on the New York Stock Exchange under the symbol “AS.”
Headquartered in Helsinki, Amer Sports has offices in Munich, Kraków, and Shanghai and employs approximately 10,800 people worldwide. The group operates in 41 countries and sells its products in 100+ countries. The revenue in 2022 was $3.5 billion.
In 2019, Amer was acquired by a consortium and is now majority-owned by AS Holding, itself majority-owned by Anta Sports of China. Other Amer investors include Tencent Holdings and Lululemon’s founder, Chip Wilson.