Salomon Owner Amer Sports Raises $1.37 Billion in U.S. IPO

February 1, 2024

Amer Sports, Inc. raised $1.37 billion its U.S. initial public offering (IPO), a total that fell short of its projected $1.8 billion.

The Finnish company, which owns the Salomon, Arc’Teryx, Wilson, Peak Performance and Atomic brands, sold 105 million ordinary shares for $13 each. The company previously anticipated offering 100 million ordinary shares priced between $16 and $18 per share. FN