Newell Brands Inc. announced May 26, 2017 that it has signed a definitive agreement to sell its Winter Sports businesses to the private equity company Kohlberg & Company, L.L.C. for USD 240 million.

The transaction includes the brands Madshus, K2, Völkl, Marker, Dalbello, Line, Full Tiff, Atlas, Ride and BCA. More information about the transaction is available in the press release from Newell Brands here.

The team from Arntzen de Besche has consisted of Erling Høyte, Pål Arne Reinertsen and Martin Gunnheim.