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</html><thumbnail_url>https://www.mtb-mag.com/wp-content/uploads/2016/02/Screen-Shot-2016-02-22-at-8.42.59-AM.png</thumbnail_url><thumbnail_width>416</thumbnail_width><thumbnail_height>192</thumbnail_height><description>[ad3] Press Release &#x2013; To accelerate its Cycling business, Amer Sports Corporation&#xA0;(Mavic, Salomon, Suunto) has acquired ENVE Composites LLC, based in Utah, USA. ENVE is a fast-growing brand in high-end carbon wheels, components, and accessories for road and mountain biking with annual sales of approximately USD 30 million. The acquisition accelerates Amer Sports Cycling business especially in the United States and provides further expansion opportunities internationally. ENVE brings capabilities in carbon technology, and it offers operational scale and synergy benefits complementing Amer Sports&#x2019; cycling category. &#xA0;The acquisition price is USD 50 million in an all-cash transaction. The acquisition will have</description></oembed>
