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

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search