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Louisville Slugger Sells for $70 Million to Amer Sports’ Wilson

Bloomberg business news

Plans for Louisville Slugger's Global Expansion

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Louisville Slugger, the 120-year-old batmaker that equipped Hall of Famers such as Babe Ruth and Mickey Mantle, was sold to Wilson Sporting Goods.

Hillerich & Bradsby Co., the parent of Louisville Slugger, agreed to sell the batmaker to Finnish sporting-goods company Amer Sports Oyj’s Wilson brand, the two companies said in a joint news release. The sale is pending shareholder approval at Louisville, Kentucky-based Hillerich & Bradsby.