SPIN Capital, the Munich-based investment company, has acquired Pyua, the ski outerwear specialist based in Germany, according to ISPO. The acquisition comes after Spin Capital acquired ABS, the avalanche airbag leader, last fall.
Founder and managing director Timo Perschke will continue to lead brand and product development.
SPIN Capital founder Stefan Mohr announced that he would “assume overall responsibility for ABS and Pyua.”
Mohr said, “We want to grow strong as a group”– this included “possible further acquisitions and the development of international markets.”
The marketing, sales, customer service and logistics of Pyua will be coordinated from Munich in conjunction with ABS.