, APAC
Shutterstock photo

China's ANTA Sports buys 29% PUMA stake for $1.8b

The deal is expected to close by the end of 2026,

ANTA Sports has agreed to acquire a 29.06% stake in PUMA SE from Groupe Artémis for $1.8b (€1.5b) in cash.

The deal is expected to close by the end of 2026, pending regulatory approvals.

The acquisition will be funded entirely from ANTA Sports’ internal cash reserves.

The move is part of ANTA Sports’ global expansion strategy, strengthening its international presence and competitiveness.

ANTA Sports said it plans to seek representation on PUMA’s Supervisory Board whilst respecting its independent governance and brand identity. No takeover offer is planned.
 

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!