The private equity firms that own Jack Wolfskin have taken the German outdoor brand off the market, Reuters reported.
In a statement cited by Reuters, Barclays Capital and Quadriga Capital confirmed they had stopped the sale process so they can revalue the brand in the wake of stronger than anticipated sales and earnings. Jack Wolfskin's annual sales reached $444 million in 2010, Reuters reported.
Barclays and Quadriga acquired the brand in 2005 from Bain Capital for 93 million euros. The Blackstone Group, BC Partners, Advent International and the German mail order house Otto have all expressed interestd in the brand according to anonymous sources cited by Retuers since February.
