as nasdaq helsinki ameas industry sports equipment founded 1950 ; 66 years ago 1950 headquarters helsinki finland key people anssi vanjoki chairman heikki takala president and ceo products sports equipment apparel footwear revenue 2 534.4 million 2015 number of employees 7 954 end 2015 subsidiaries wilson sporting goods arc teryx mavic suunto precor atomic skis salomon group enve composites website www.amersports.com amer sports corporation formerly amer yhtym oyj is a finnish headquartered sporting goods company with brands including salomon wilson sporting goods atomic skis arc teryx mavic suunto enve composites and precor . 1 established in 1950 as an industrial conglomerate with interests as diverse as shipowning tobacco products and publishing amer has gradually evolved into a multinational firm devoted to the production and marketing of sporting goods . today the company employs just under 8 000 people . 2 the company shares are listed on the nasdaq helsinki stock exchange . 3 contents 1 history 1.1 industrial past 1.2 focus on sport 2 operations 3 see also 4 references 5 external links history edit industrial past edit the company began life as a tobacco manufacturer and distributor amer tupakka in 1950 4 and acquired the right to produce and sell philip morris cigarettes in finland in 1961 . 5 in the 1960s the significant profits from the company s tobacco interests were invested in three commercial ships . 5 a publishing and printing division was added in 1970 with the purchase of the finnish company weilin g s and the company listed on the helsinki stock exchange in 1977 four years after changing its name to amer yhtym english amer group . 4 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 citro n and toyota . 5 the decade also saw the company expand into the textiles and plastics markets . focus on sport edit in 1986 amer established a sports division after acquiring a majority stake in the golf equipment maker macgregor golf from jack nicklaus . 6 despite this the company was involved in the sports equipment market as early as 1974 when it bought the hockey gear maker then known as koho tuote . 4 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 . 7 further acquisitions followed in the shape of the austrian ski manufacturer atomic in 1994 4 and the finnish sports instrument maker suunto in 1999 . 8 the american baseball and softball bat firm demarini was purchased a year later falling under the wilson division . 9 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 . 10 in 2005 amer acquired the outdoor sports company salomon from adidas for 485 million . 11 in the same year the company officially changed its name to amer sports corporation . 12 operations edit amer divides its operations into three business units winter and outdoor sports ball sports consisting simply of wilson and fitness of which all products carry the precor usa brand . 13 the winter and outdoor business segment is the largest contributing 60 % of amer sports net sales in 2013 . the group produces products under seven flagship brands salomon atomic wilson precor suunto mavic and arc teryx the latter two having previously been subsidiaries of salomon when under the ownership of adidas . 14 other smaller brands held by the group include volant nikita bonfire and demarini . the company s global headquarters are located in helsinki finland with manufacturing and sales locations worldwide . in 2007 amer sport s north american headquarters were moved from portland oregon to the historic american can company of utah building complex in ogden utah . 15 see also edit companies portal list of finnish companies list of outdoor industry parent companies references edit amer sports about us . amersports.com . retrieved 2015 09 29 . amer sports not found . amersports.com . retrieved 2015 09 29 . amer sports financial review 2015 published . amer sports . 15 february 2016 . archived from the original on 2016 05 16 . retrieved 2016 05 16 . a b c d amer sports history . amer sports . archived from the original on 31 march 2008 . retrieved 2008 04 11 . a b c cohen m.l. 2006 . amer group plc . international directory of company histories . the gale group . archived from the original on 17 may 2008 . retrieved 2008 04 11 . company news ; macgregor sale . reuters . the new york times . 3 december 1986 . retrieved 2008 04 11 . freudenheim milt 21 february 1989 . amer group to acquire wilson sporting goods . the new york times . retrieved 2008 04 11 . amer s ownership in suunto rises to 98.7 percent press release . amer sports . 1 december 1999 . retrieved 2008 04 11 . wilson sporting goods co acquires demarini sports inc . thomson financial . 19 january 2000 . retrieved 2008 04 11 . amer group giving up tobacco business ; company to concentrate on sporting goods . helsingin sanomat . 19 december 2003 . retrieved 2008 04 11 . tomlinson heather 3 may 2005 . adidas sells ski and surf group for 329m . the guardian . retrieved 2008 04 11 . amer group plc changes name to amer sports corporation . nordic business report . 24 march 2005 . retrieved 2008 04 11 . amer sports business segments . amer sports . archived from the original on 2008 04 10 . retrieved 2008 04 11 . amer sports brands . amer sports . archived from the original on 23 april 2008 . retrieved 2008 04 11 . owner of salomon atomic moving u.s. hq to utah . ski racing . 16 october 2006 . archived from the original on october 18 2006 . retrieved 2008 04 11 . external links edit official website v t e amer sports oyj major brands arc teryx atomic mavic precor salomon suunto wilson other brands demarini volant retrieved from https en.wikipedia.org w index.php title amer sports & oldid 743774874 categories companies based in helsinkicompanies listed on the helsinki stock exchangesporting goods manufacturers of finlandcompanies of finlandcompanies established in 1950companies based in ogden utahmultinational companies headquartered in finland navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages alemannischdeutschfran ais italianolatvie u norsk bokm lpolskiportugu s suomisvenska edit links this page was last modified on 11 october 2016 at 05 27 . text is available under the creative commons attribution sharealike license ; 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