Jack Wolfskin, the German outdoor- clothing and equipment maker known for its paw logo, is drawing interest from private-equity firms including BC Partners Ltd. and Blackstone Group LP, said four people with knowledge of the sale process.
The private-equity firms may hand in bids by mid-February, later than the original deadline, said the people, who declined to be identified because talks are confidential. Morgan Stanley is managing the sale.
Jack Wolfskin’s owners, Quadriga Capital and the private- equity arm of Barclays Plc, may be seeking up to 800 million euros ($1.07 billion) for the business, one of the people said. The maker of mountaineering jackets and camping gear said in February that 2009 sales rose 22 percent to 251.4 million euros, boosted by rising demand in Europe and Asia. The company, based in Idstein, said at the time it planned to add stores in the U.K. and Italy as well as expanding in China and Korea.
Quadriga didn’t return a call or e-mail seeking comment. Spokespeople for Jack Wolfskin, BC, Blackstone and Barclays Private Equity declined to comment.
Adidas AG, the world’s second-largest sporting-goods maker, has no interest in buying Jack Wolfskin, Chief Executive Officer Herbert Hainer said in an interview in September.
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