Amer Sports Acquires Nikita
Nikita, the pioneering designer and producer of clothes and apparel for the boarding and alternative sports market, has been acquired by Amer Sports, a Finnish sportswear chain. The sale marks the succesful exit of NSA Ventures.
The Finnish sportswear chain, Amer Sports, has acquired Nikita, the Icelandic designer and maker of sports clothes and apparel. Amber Sports is an international company that boasts an impressive portfolio of brands, such as Solomon, Arc´teryx, Wilson and Atomic. The company is listed on the Helsinki NASDAQ OMX stock exchange. The acquisition of Nikita is a strategic first step in Amer's ambition to enter the snowboarding and alternative sports market.
Nikita was founded in 2000 by Aðalheiður Birgisdóttir, Rúnar Ómarsson and Valdimar Hannesson. It's merchandise is sold in over 1.500 stores in 30 countries.
Amer intends to market Nikita product under it's original brand and the day-to-day management of the company will remain in the hands of the founders. Nikita's headquarters will be in Iceland.
NSA ventures invested in Nikita in 2000.