Regent, L.P. entered in an exclusivity period to acquire Mavic SAS from Amer Sports Corporation (HLSE:AMEAS) on March 15, 2019. The acquisition includes the shares and related cycling business of Mavic S.A.S. Mavic SAS reported sales of around €80 million in 2018. The project for this sale will now be presented to the relevant employee representative bodies. The completion of the contemplated transaction and the transfer of ownership is expected to occur during the second quarter of 2019. Centerview Partners LLC acted as financial advisor to Amer Sports Corporation. Olivier Assant, Christine Lenis, Dingyi Yu, Nicolas Laurent, Mathilde Sigel, Jerome Cordier, Anne-Sophie Arbide-Vignarte, Julien Gayral, Guillaume Wulfowicz, Yelena Trifounovitch and Romain Verzeni of Bredin Prat acted as legal advisors to Amer Sports Corporation. Arnaud Lafarge of Lamy Lexel Avocats Associés acted as legal advisor to Regent. Anthony Lopez of Barreau de Lyon acted as legal advisor to Regent. Regent, L.P. completed the acquisition of Mavic SAS from Amer Sports Corporation (HLSE:AMEAS) on July 9, 2019. The divestment will not have an impact on the results of Amer Sports’ continuing businesses.