原文標題：China's Anta Sports snares 29% Puma stake for $1.8 billion
原文連結：https://tinyurl.com/2kxdr3aw
發布時間：January 27, 2026 9:01 AM GMT+8Updated 1 min ago
記者署名：
Reporting by Scott Murdoch in Sydney and Roushni Nair in Bengaluru; Editing by
Rashmi Aich
原文內容：
Jan 27 (Reuters) - China's Anta Sports Products (2020.HK) said on Tuesday it
would buy a 29.06% stake in Puma (PUMG.DE) from the Pinault family for 1.51
billion euros ($1.79 billion), making it the biggest shareholder in the German
sportswear maker.
1月27日（路透）— 中國安踏體育用品（2020.HK）週二表示，將以15.1億歐元（約17.9
億美元）向皮諾家族（Pinault family）收購德國運動品牌Puma（PUMG.DE）29.06%的股
權，成為Puma最大的單一股東。
The Hong Kong-listed company will pay 35 euros per share in cash for 43
million Puma shares, Anta said in a stock exchange filing. The price is a 62%
premium to Puma's 21.63 euros closing share price on Monday, up nearly 17% in
the session.
安踏在港交所公告中表示，將以每股35歐元現金收購4,300萬股Puma股票。此價格較Puma
週一收盤價21.63歐元溢價62%，當日股價上漲近17%。
Reuters was the first to report the deal earlier this month.
路透社本月稍早已率先披露此筆交易消息。
Anta said it believed Puma could increase its international competitiveness
and build its brand recognition with the Chinese company as its largest
investor.
安踏表示，隨著安踏成為最大股東，Puma可望提升其國際競爭力，並強化品牌知名度。
It said Anta would seek Puma board seats once the deal was finalised.
安踏指出，交易完成後，將爭取在Puma董事會中取得席次。
"Its (Puma) global business footprint and focused positioning in sports
categories are highly complementary to the group's existing multi-brand and
specialised business," Anta said in a statement.
安踏在聲明中表示：「Puma在全球市場的布局及其在運動品類上的專注定位，與本集團既
有的多品牌與專業化業務高度互補。」
Anta has a track record of acquiring and revamping Western sports and
lifestyle brands, and in 2019, it led a consortium to buy Amer Sports, owner
of racquet maker Wilson and mountain sports specialist Salomon.
安踏過去在收購並重整西方運動與生活風格品牌方面已有成功經驗。2019年，安踏即領導
財團收購了Amer Sports，其旗下品牌包括網球拍品牌Wilson與戶外運動品牌Salomon。
Reuters reported in early January Anta had offered to buy about 29% of Puma
from the Pinault family and had secured financing for the acquisition,
although talks had at the time stalled over valuation.
路透社1月初報導，安踏曾向皮諾家族提出收購約29% Puma股權，並已取得融資，但當時
雙方在估值問題上陷入僵局。
The transaction comes as the German sportswear group struggles to revive sales
and investor confidence under its new CEO, Arthur Hoeld.
此交易發生之際，Puma正面臨銷售成長與投資人信心低迷的困境，新任執行長Arthur
Hoeld正試圖帶領公司扭轉局勢。
Artemis, run by Francois-Henri Pinault, chairman of luxury group Kering, had
previously described its Puma stake as non-strategic. The Pinault family
acquired the holding from Kering in 2018, when the group repositioned itself
as a pure luxury player.
由開雲集團（Kering）董事長弗朗索瓦-亨利·皮諾掌管的投資公司Artemis，先前曾將其
持有的Puma股權形容為「非戰略性資產」。皮諾家族是在2018年從Kering手中接收這部分
股權，當時Kering正轉型為純奢侈品集團。
Puma has been under pressure as demand weakened, and recent sneaker launches,
including the Speedcat, failed to generate the momentum executives had hoped
for. Hoeld, who took over last year, has outlined a turnaround focused on
brand heat, performance products, and cost discipline.
由於需求轉弱，Puma承受壓力，近期推出的球鞋產品（包括Speedcat）未能帶來管理層所
期待的動能。去年上任的Hoeld已提出轉型計畫，重點放在提升品牌熱度、強化高性能產
品，以及嚴控成本。
The deal is subject to antitrust clearances, shareholder approval at Anta, and
regulatory approvals in China and other jurisdictions. Anta said it expects
to convene an extraordinary general meeting, with closing targeted after
conditions are met.
此交易仍須取得反壟斷審查、安踏股東會批准，以及中國與其他司法管轄區的監管核准。
安踏表示，將召開臨時股東大會，並在條件滿足後完成交割。
($1 = 0.8421 euros)
（1美元 = 0.8421歐元）
心得/評論：
安踏體育Anta Sports, 2020.HK
是中國最大的本土運動用品集團
↓安踏官方公布的此次收購新聞稿
ANTA Sports to Acquire 29% Stake in PUMA,
Further Strengthening Globalization Strategy
https://ir.anta.com/en/news_detail.php?id=159082
安踏目前持有的全球知名品牌
https://i.urusai.cc/C0mur.JPG
還有一些地方性品牌
如Kolon Sport、Peak Performance等
--
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