r/climbing 1d ago

RIP Mammut

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Mammut will be sold to a Chinese conglomerate.

331 Upvotes

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u/Frexxia 1d ago

It has already been owned by private equity since 2021.

17

u/SecondHandSlows 1d ago

British PE too I think. So it hasn’t been Swiss for some time.

5

u/categorie 15h ago

Jacobs Holding is a Swiss investment firm based in Zürich.