Swiss brand Mammut explores sale for $584 million
The owner of Swiss outdoor gear brand Mammut is exploring a potential sale for over 500 million euros ($584 million), according to sources familiar with the matter. Jacobs Capital, which owns Mammut, has engaged financial advisor Houlihan Lokey for the process. Talks are preliminary and may not lead to a transaction. Representatives for all three parties declined to comment. The 162-year-old brand was acquired in 2021 and is now held by Jacobs Capital, an investment firm also linked to Barry Callebaut. The potential sale comes amid strong investor interest in the outdoor and sports sector, highlighted by recent acquisitions such as Anta Sports Products’ purchase of Jack Wolfskin last year.