This website was built by using the latest techniques and technologies. Unfortunately, your current browser version doesn't support those technologies.

Please upgrade your browser in order to display the website correctly and gain full functionality.

OK, understood
Your bookmarks

Personalise. This is where your personal bookmarks are stored. To add bookmarks, please click the star on the bottom right corner of content tiles or at the bottom of every content page.

Page title Section Added at select
You haven’t added any bookmarks yet.

Salomon Divestiture to be Completed Mid-October

Herzogenaurach / Helsinki, September 21, 2005 - adidas-Salomon’s divestiture of the Salomon business segment to Amer Sports Corporation, announced on May 2, 2005, is now anticipated to be completed in mid-October, instead of the end of September as expected earlier. The change is due to the EU competition authorities’ revised processing schedule and will not impact the financial terms of the transaction.

Consolidation of the Salomon business segment within the adidas-Salomon Group is still expected to end on September 30, 2005. adidas-Salomon is one of the global leaders within the sporting goods industry and offers a broad range of products with brands such as adidas and TaylorMade in its portfolio. In 2004, adidas-Salomon posted net sales of € 6.5 billion and net income of € 314 million.