DEALS
Zhong Lun Advises Topgolf Callaway Brands on Completed Sale of Jack Wolfskin to ANTA Sports
Zhong Lun Advises Topgolf Callaway Brands on Completed Sale of Jack Wolfskin to ANTA Sports
On June 2, 2025, Topgolf Callaway Brands Corp. (“Topgolf Callaway Brands”) announced the successful completion of the sale of its Jack Wolfskin business to ANTA Sports for US$290 million, subject to certain customary closing adjustments.
The transaction represents a significant milestone for Topgolf Callaway Brands as it refocuses its strategic priorities on its core businesses and enhances its financial flexibility ahead of the planned separation of Topgolf from its core operations, and marks a new milestone in Anta Sports’ globalization, providing a solid development foundation for Anta’s multi-brand strategy.
Zhong Lun Law Firm represented Topgolf Callaway Brands in the transaction as PRC legal counsel. The deal team was led by partner Zhe (Kevin) Yu, with team members including non-equity partner Xin Shen and associate Jiayue Ma.
