Amer Sports Oyj

Type	Public
Founded	1950
Headquarters	Helsinki, Finland
Key people	Anssi Vanjoki (Chairman of the board), Roger Talermo (President and CEO)
Industry	Sporting equipment
Products	Athletic shoes, sports and fitness equipment
Revenue	€1.364 billion (2005)
Employees	6,667
Website	http://www.amersports.com/

Amer Sports Oyj (formerly Amer-Yhtymä Oyj) is a Finnish sporting goods manufacturer, originally established in 1950. Initially an industrial conglomerate with interests as diverse as shipowning, tobacco products and publishing, Amer has gradually evolved into an organisation devoted to the production and marketing of sporting equipment. Today, the company employs over 6,600 people, is a component of the OMX Helsinki 25 share index, and owns the sports brands Wilson, Atomic, Suunto and Salomon. 1950 (MCML) was a common year starting on Sunday (link will take you to calendar). ... Founded 1550 Province Southern Finland Region Uusimaa Sub-region Helsinki Area[1] - Of which land - Rank 185. ... The phrase Chairman of the Board has several meanings: Chairman of the Board is the term used to denote the leader of a corporations board of directors. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... Image File history File links Green_Arrow_Up. ... One thousand million (1,000,000,000) is the natural number following 999,999,999 and preceding 1,000,000,001. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Website - Wikipedia, the free encyclopedia /**/ @import /skins-1. ... Sports equipment includes any object used for sport or exercise. ... 1950 (MCML) was a common year starting on Sunday (link will take you to calendar). ... OMX Helsinki 25 (OMXH25, formerly HEX25) is a stock market index for Helsinki Stock Exchange. ... Wilson official logo. ... Atomic Austria Gmbh is a ski producer located in Altenmarkt, Salzburg, Austria. ... Suunto, based in Finland, is a company that produces and markets electronic measurement devices. ... This page meets Wikipedias criteria for speedy deletion. ...

History

Industrial past

The company began life as a tobacco manufacturer and distributor, Amer-Tupakka, in 1950 and acquired the right to produce and sell Philip Morris cigarettes in 1961. [1] In the 1960s, the significant profits from the company's tobacco interests were invested in three commercial ships. A publishing and printing division was added in 1970 with the purchase of the Finnish company Weilin+Göös, and the company listed on the Helsinki Stock Exchange in 1977, four years after changing its name to Amer-Yhtymä (Amer Group). In the 1980s Amer moved into the vehicle import industry by acquiring the firm Korpivaara, and with it the exclusive rights to import and distribute such brands as Citroën and Toyota. The decade also saw the company expand into the textiles and plastics markets. Altria Group, Inc. ... 1961 (MCMLXI) was a common year starting on Sunday (the link is to a full 1961 calendar). ... 1970 (MCMLXX) was a common year starting on Thursday (the link is to a full 1970 calendar). ... The Helsinki Stock Exchange (Helsingin Pörssi) (OMX Helsinki), is a stock exchange located in Helsinki, Finland. ... For the album by Ash, see 1977 (album). ... Citroën is a French automobile manufacturer, started in 1919 by André Citroën, today part of PSA Peugeot Citroën. ... Toyota redirects here. ...

Focus on sport

In 1986 Amer established a sports division after acquiring a majority stake in the golf equipment maker MacGregor from Jack Nicklaus. Despite this, the company was involved in the sports equipment market as early as 1974, when it bought over the hockey gear maker then known as Koho-Tuote. These interests were sold in 1986. Three years later, Amer acquired the Chicago-based Wilson Sporting Goods Company, a leading producer of golf clubs, racquets and other sporting equipment, marking a major change in strategy for the company. Further acquisitons followed in the shape of the Austrian ski manufacturer Atomic in 1994 and the Finnish sports instrument maker Suunto in 1999. The American baseball and softball bat firm DeMarini was purchased a year later, falling under the Wilson brand. During this time, many of the business areas no longer deemed to be "core" were divested, although the company retained its tobacco business until 2004 when it was sold back to Philip Morris. [2] In 2005, Amer acquired the outdoor sports company Salomon from Adidas for €485 million. [3] In the same year, the company officially changed its name to Amer Sports Corporation.[4] 1986 (MCMLXXXVI) was a common year starting on Wednesday of the Gregorian calendar. ... Nicklaus celebrates his victory in the 1980 U.S. Open Jack William Nicklaus (born January 21, 1940), also known as The Golden Bear, was a major force in professional golf, first on the PGA Tour from the 1960s to the mid-to-late 1980s, then on the Champions Tour from... 1974 (MCMLXXIV) was a common year starting on Tuesday. ... KOHO is a hockey equipment company recently bought by Reebok. ... Nickname: The Windy City, The Second City, Chi Town Motto: Urbs In Horto (Latin: City in a Garden), I Will Location in Chicagoland and Illinois Coordinates: Country United States State Illinois Counties Cook, DuPage Incorporated March 4, 1837 Mayor Richard M. Daley (D) Area    - City 606. ... 1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal by United Nations. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Adidas is a German sports apparel manufacturer, part of the Adidas Group. ...

See also

• List of Finnish companies

This is a list of Finnish corporations: Akado Oy, internet services Aldata Solution, software Alma Media, media Amer Sports, sport Aspo, chemicals Benefon, mobile phones Biotie Therapies, biotechnology Cargotec, lifting solutions Chips Abp, potato chips Citycon, real estate Efore, power electronics Elcoteq, electronics Elektrobit, electronics Enermet, energy metering and load...

External links

• Amer Sports - Official site
• Financial information
• Official Company History