Louisville Slugger Sells for $70 Million to Amer Sports’ Wilson

Frank Bradsby

The company became Hillerich & Bradsby Co. in 1916 when Frank Bradsby became a partner.

Amer Sports, based in Helsinki, owns a collection of sports brands, including Wilson, headquartered in Chicago. In 2005, the company agreed to buy Adidas-Salomon AG’s winter-sports unit for $624 million, and it makes Precor fitness equipment and Suunto diving equipment.

“Louisville Slugger will enrich our company significantly, enhance our baseball and softball product offering at all levels of the game, and ensure we are delivering only the best performance products to athletes of every age,” Mike Dowse, president of Wilson, said in a statement.

Article Appeared @http://www.bloomberg.com/news/articles/2015-03-23/louisville-slugger-to-be-sold-to-finnish-company-for-70-million

 

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