Home / Knowledge / News / Apparel/Garments / Private equity fund Capvis acquires swimwear brand Arena
Private equity fund Capvis acquires swimwear brand Arena
08
Jan '14
Capvis, the leading Swiss mid-market private equity fund, has acquired Arena, one of the world’s reference brands in aquatic sports.

For over 40 years, Arena has equipped the world’s Olympic gold medallists and watersport lovers with racing, training and leisure swimwear built on a foundation of technology and innovation. The acquisition is subject to approval by antitrust authorities.

Established in 1973 by German sports visionary Horst Dassler, son of the Adidas founder, Arena was among the first swimwear companies to engage in textile and fluid dynamics research in quest to develop the fastest, lightest, smoothest and most durable products for both competitive and recreational swimmers.

Throughout the years, Arena has equipped some of the world’s greatest swimming champions, incl. Mark Spitz, Franziska Van Almsick, Alexander Popov and Rebecca Soni - to name only a few. Arena continues to define trends and set standards to this very day, most recently with its Powerskin Carbon-Pro racing swimsuit featuring the breakthrough technology of “intelligent compression”.

In 2013 in Barcelona, Arena counted up its most successful World Championships with almost half of all medals awarded in the pool and open water - along with three of six new world records - going to athletes wearing Arena suits.

Headquartered in Tolentino (Italy), the Arena research and development team works with a network of scientific partners and fabric manufacturers to develop innovative technologies applicable to racing swimwear and equipment. Arena has subsidiaries in France, Germany, and the U.S., and also operates through a global network of distributors and licensees. The Arena brand has a presence in over 100 countries around the globe.

Andreas Simon, partner of Capvis, comments: “As a global champion in its niche, Arena perfectly fits the Capvis investment strategy. Propelled by innovation and uncompromising commitment to the sport of swimming and the brand visibility powering its surge worldwide, Arena is uniquely positioned in one of the most popular sports categories. Arena's brand equity, validated from premier teams and organisations, offers significant value creation potential. We have followed the company and its management for years and are thrilled to power off the blocks with them, in the true sense of the word.”

Cristiano Portas, CEO of Arena, confirms: “We are enthusiastic about our new shareholder Capvis who has the same vision for our brand and who shares our passion and determination for working hard to achieve great things. We welcome Capvis as our new partner and look forward to working together on becoming the market leader for competitive waterwear and promoting aquatic sports globally.”

About Capvis

Capvis is the leading private equity firm in Switzerland and one of the most active investors in German-speaking Europe. With a current fund with a volume of EUR 600 million, Capvis invests primarily in leading medium-sized companies. Capvis aims to support management teams in releasing entrepreneurial potential and achieving new levels of excellence. 

About Arena

Since 1973, Arena has created and marketed waterwear products for competitive swimmers and swimming fans worldwide, and is universally recognized as one of the premium brands of high-quality swimwear and equipment.

Capvis

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Apparel/Garments | On 25th Apr 2017

Walmart's Project Gigaton to help reduce emissions

Walmart has launched a sustainability platform called Project Gigaton ...

Courtesy: Arvind

Fashion | On 25th Apr 2017

The Arvind Store launches ready-to-wear brand for men

The Arvind Store has announced the launch of its own ready-to-wear...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search