“Dachstein is a very interesting, traditional outdoors-segment brand that is growing strongly in a modern way. As a new owner, Luhta wants to strongly support its international growth strategy. Dachstein perfectly complements the Luhta product and brand portfolios (Icepeak, Luhta, Rukka and Torstai) that are growing our company in the outdoor and sportswear markets”, described Vesa Luhtanen, Managing Director of Luhta Sportswear Company.
Kerstin Gelbmann, Managing Director of Austro Holding, the company selling its share, is pleased to have Luhta as a new owner that will develop the footwear brand further. The new ownership is expected to improve Dachstein’s position as an innovative footwear brand in the German-speaking region of Europe, which is a strong export area for Luhta Sportswear Company.
Luhta Sportswear Company’s most recognized brands are Luhta, Icepeak, Rukka, Torstai, Ril’s and Your FACE. Additionally, the Group includes the Aleksi 13 retail chain focusing on comprehensive fashion, the Luhta Brand Store chain focusing on casual sportswear, the Your FACE and Ril’s stores offering women’s fashions, the TopSport sportswear chain and Luhta Outlet factory outlets offering collections from previous seasons. In 2017 the Company’s turnover was EUR 245 million and it employed 1,700 people. The Company’s main markets are in Finland, Germany, France, Russia and the Netherlands.
Dachstein has over 90 years of experience as a footwear manufacturer. Since 1925 the Dachstein brand has been associated with traditional Austrian shoemaking craftsmanship and imaginative ideas. For Dachstein, alpinism is about much more than just sport or competition. It’s a philosophy, a way of life and a passion.Back to transactions