Wellness

Amer Sports sells ENVE Composites to PV3 Investments

SportzPower Team
May 01, 2024 19:05

Amer Sports, parent company of Enve Composites, announced Tuesday that the Enve brand has been acquired by PV3, a Utah-based private investment firm.

ENVE Composites was founded in 2007 as Edge Composites, changing its name to ENVE Composites in 2010. It is one of a small number of cycling brands to manufacture wheels, components, and bikes in the United States. Amer Sports acquired ENVE in 2016 for $50 million.

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