Jack Wolfskin

THM advises the Jack Wolfskin Group on its sale to Callaway Golf

January 2019

THM’s involvement with Jack Wolfskin commenced in October 2016, when Michael Thomas was appointed CRO to lead the financial restructuring of the Groups €365m debt facilities.  The fully consensual financial restructuring completed in July 2017, resulting in a €230m reduction in debt.

Post restructuring, Michael Thomas was appointed as a Non Executive Director of Jack Wolfskin’s parent company.  Chris Elkins also remained in the business to support management with its strategic planning and turnaround initiatives.

On 4 January 2019, Jack Wolfskin’s shareholders completed the sale of the business to Callaway Golf for €418m.  A THM team led by James Westcott, supported by Chris Elkins, Simon Greenaway and Eduard Wiens, advised Jack Wolfskin throughout the sale process.

You can read our full client announcement by downloading the PDF below.

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