Amer Sports - Company Announcement

Amer Sports accelerates in Cycling through the acquisition of ENVE

Amer Sports Corporation
STOCK EXCHANGE RELEASE
February 22, 2016 at 5:45 p.m.

Amer Sports accelerates in Cycling through the acquisition of ENVE

To accelerate its Cycling business, Amer Sports Corporation has acquired ENVE
Composites LLC, based in Utah, USA. ENVE is a fast-growing brand in high-end
carbon wheels, components, and accessories for road and mountain biking with
annual sales of approximately USD 30 million. The acquisition accelerates Amer
Sports Cycling business especially in the United States and provides further
expansion opportunities internationally. ENVE brings capabilities in carbon
technology, and it offers operational scale and synergy benefits complementing
Amer Sports' cycling category.

The acquisition price is USD 50 million in an all-cash transaction. The
acquisition will have no material impact on Amer Sports' 2016 financial results,
and it will be accretive to Amer Sports EBIT margin as of 2017. The closing of
the acquisition is expected in the first quarter of 2016.


Further information about ENVE: http://www.enve.com/
Images and logos: http://dealer.enve.com/media/


For further information, please contact:
Päivi Antola, Director, Corporate Communications and IR, tel. +358 20 7122 537


DISTRIBUTION
Nasdaq Helsinki
Main media
www.amersports.com


AMER SPORTS
Amer Sports (www.amersports.com) is a sporting goods company with
internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx,
Mavic, Suunto and Precor. The company's technically advanced sports equipment,
footwear and apparel improve performance and increase the enjoyment of sports
and outdoor activities. The Group's business is balanced by its broad portfolio
of sports and products and a presence in all major markets. Amer Sports shares
are listed on the Nasdaq Helsinki stock exchange (AMEAS).

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