Chinese sportswear giant Anta Group has completed its acquisition of German outdoor brand Jack Wolfskin, it announced yesterday. The deal, finalized on May 31, 2025, makes Jack Wolfskin an indirect wholly owned Anta subsidiary. The acquisition strengthens Anta’s professional outdoor sports position. Anta first disclosed the deal April 10, signing a share purchase agreement with Topgolf Callaway Brands Corp to acquire Callaway Germany Holdco GmbH, Jack Wolfskin's parent company, for $290 million cash consideration.