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EXEC: Mammut Group to be Acquired by Chinese Alternative Asset Manager
['Sgb Executive']
SGB Media Online
Mammut Sports Group (Mammut) owner Jacobs Capital has signed an agreement to sell the Swiss premium outdoor brand to CPE, a Chinese alternative asset manager.
Philippe Jacobs, co-chairman and founder, Jacobs Capital, commented: “We are immensely proud of the transformation Mammut has achieved over the past five years.
We wish the entire Mammut team every success.”
Telemos Capital, which acquired Mammut in 2021 from Swiss holding company Conzzeta, merged with Jacobs Holding earlier this year to form Jacobs Capital.
“I would like to thank the Jacobs team for their trust and highly constructive partnership.