The sports brand behind the tennis racket used by Roger Federer confirmed plans for a New York listing.
Amer Sports, which owns racket maker Wilson and footwear brand Salomon, did not disclose the price or size of its offering.
The sports brand behind the tennis racket used by Roger Federer confirmed plans for a New York listing
But it said it hoped to use the proceeds to pay off outstanding shareholder loans. Amer Sports was founded in Finland in 1950 and is known for its association with superstar athletes.
Its Wilson tennis racket has been used by the winner of 643 Grand Slams, including Federer. The company was bought by a consortium headed by Chinese sportswear firm Anta Sports in 2019 in a deal that valued it at £4.4bn.
Shareholders include Chinese technology conglomerate Tencent
Holdings and private equity firm Fountain Vest.
It comes as companies including social media platform Reddit, fast fashion retailer Shein and Kim Kardashian’s shapewear brand Skims are thought to be eyeing New York listings. Cambridge chip maker Arm Holdings debuted in New
York last year and German sandal maker Birkenstock also listed there.
But across the pond, advertising agency S4 Capital’s executive chairman Sir Martin Sorrell, warned this week that the London market risks becoming a ‘backwater’ as it fails to keep top companies interested.
