ANTA Sports-PUMA deal: 29.06% stake completed for EUR 1,505.5 million

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PUMA's headquarters building in Herzogenaurach, Germany, from PUMA's October 2026 announcement.
PUMA’s headquarters in Herzogenaurach, Germany, photographed in 2017 and published with PUMA’s October 2026 announcement. Image: PUMA

ANTA Sports Products (安踏体育用品有限公司) announced on 7 October 2026 that it had completed the purchase of a 29.06 percent stake in PUMA SE. It paid EUR 1,505.5 million in cash and is now PUMA’s largest shareholder. In this article, we look at the deal terms, governance commitments and statements from both companies.

ANTA bought the 29.06% stake from Artémis for EUR 1,505.5 million

According to ANTA’s release, the seller was Artémis SAS, the investment company of the Pinault family. The transaction closed after all relevant regulatory approvals and customary closing conditions were met.

ANTA Sports’ PUMA stake purchase — key terms, 7 October 2026
ItemDetail
BuyerANTA Sports Products Limited (HKEX: 2020, 82020)
SellerArtémis SAS
Stake29.06% of PUMA SE
ConsiderationEUR 1,505.5 million, in cash
StatusCompleted; ANTA is PUMA’s largest shareholder
Takeover offerNo current plans
Note: Price per share is not stated in either release. Source: ANTA Sports, ‘ANTA Sports Completes Acquisition of 29.06% Stake in PUMA, Becomes Largest Shareholder’; PUMA, ‘PUMA welcomes ANTA Sports as new largest shareholder’, both 7 October 2026.

ANTA says it will seek PUMA Supervisory Board representation

ANTA states that it respects PUMA’s sport heritage, brand identity, corporate culture, independent governance and brand autonomy. As previously announced, it will seek “adequate representation” on PUMA’s Supervisory Board.

The release says ANTA currently has no plans to make a takeover offer for PUMA. PUMA’s statement says the company will remain independently managed.

ANTA links the stake to its multi-brand strategy, including China

ANTA describes the investment as a milestone in its “single-focus, multi-brand, globalization” strategy. It says it will bring PUMA experience in management, retail and global resource integration built across its own brands.

According to the release, the aim is to help unlock PUMA’s potential across global markets, including China. Neither release gives targets, timelines or figures for this.

PUMA’s CEO calls the stake a vote of confidence

ANTA chairman Ding Shizhong (丁世忠) said: “We are delighted to become PUMA’s largest shareholder and a long-term strategic partner.” PUMA chief executive Arthur Hoeld said the company welcomed ANTA as its largest shareholder.

Hoeld described ANTA’s long-term commitment as “a strong vote of confidence” in PUMA’s strategy, management and future. He repeated PUMA’s goal of becoming a “top 3 global sports brand”. PUMA Supervisory Board chair Héloïse Temple-Boyer also welcomed ANTA on behalf of the board.

Scope: sources used

  • ANTA Sports press release distributed by PR Newswire, Hong Kong, 7 October 2026.
  • PUMA corporate news release, Herzogenaurach, 7 October 2026.

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