Amer Sports, parent of Wilson Sporting Goods that includes Wilson Golf, on Jan. 4 filed for an IPO in the U.S. 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 ordinary shares on the New York Stock Exchange under the symbol “AS”.
Reports say that Amer Sports – based in Finland – is targeting an IPO to raise more than $1B in a listing that could value the firm at as much as $10B.
In addition to Wilson, Amer Sports’ brands include Arc’teryx, Salomon, Atomic, Louisville Slugger, and Peak Performance.
Amer Sports reported revenue of more than $3.5B in 2022, with earnings of $422 million. The sporting goods giant reported that 42 percent of its ’22 sales came from the Americas.
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