China's Anta to acquire Germany's Jack Wolfskin as U.S. trade war rages

Sports group chases global growth just as Beijing seeks tighter ties with Europe

2016-04-29T120000Z_1624336014_D1BETBDTXKAC_RTRMADP_3_AUSTRIA-BUSINESS.JPG

A Jack Wolfskin store in Vienna. An analyst says Trump's tariffs will "have only a minimal impact" on the German brand, "as the company mainly focuses on Europe and China and has no plans for U.S. market expansion." © Reuters

KENJI KAWASE

TOKYO -- Chinese apparel group Anta Sports Products is set to acquire German outdoor gear maker Jack Wolfskin, as it tacks into trade-war headwinds ripping through corporate China.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.