Transa Backpacking has a new shareholding structure as Beat Stünzi, founder and majority shareholder of the leading Swiss outdoor retailer, decided to partly pull out, due to his age. The new majority shareholder is International Retail Corporation (IRC), a vehicle controlled by Beat Zaugg, chief executive and minority shareholder in Scott Sports Group. Apart from an unspecified chunk of Stünzi's shares, IRC also bought a stake of 25 percent in Transa previously held by Globetrotter Ausrüstung, the German outdoor retailer. Fenix Outdoor International, which indirectly controls Globetrotter, said that it wanted to focus its retail business on markets where it has majority ownership of its retail operations, and that the sale yielded a capital gain of about €2.7 million. Stünzi still has a minority stake in Transa and he continues to chair the retail group's supervisory board, while Daniel Humbel remains the chief executive. More in The Outdoor Industry Compass.

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