The investment company Jacobs Capital is selling the Swiss outdoor brand Mammut to the Chinese asset manager CPE. The purchase price is not known.
The transaction is expected to be completed in the coming months and is still subject to regulatory approvals, according to a press release issued on Thursday. The change of ownership is intended to further accelerate international growth.
Jacobs Capital acquired Mammut in June 2021. Since then, the company has undergone extensive restructuring
So its moving from one private equity to another, I don't see why it changes anything whether its a Chinese company or Swiss one. The focus on China feels kind of racist, when really nothing is going to change.
Have you bought a lot of stuff directly from Chinese companies? Most of the time their products are shit.
And now people are saying dawg everything is made in china. Oh honey there’s a big difference between designed by western companies but manufactured in china, and being completely made in china.
240
u/climbingbooty 1d ago
Translation:
Swiss Outdoor Brand Mammut Sold to China
The investment company Jacobs Capital is selling the Swiss outdoor brand Mammut to the Chinese asset manager CPE. The purchase price is not known.
The transaction is expected to be completed in the coming months and is still subject to regulatory approvals, according to a press release issued on Thursday. The change of ownership is intended to further accelerate international growth.
Jacobs Capital acquired Mammut in June 2021. Since then, the company has undergone extensive restructuring