Latham & Watkins Advises Topgolf Callaway Brands on Jack Wolfskin’s $290M sale to ANTA Sports.
Latham & Watkins LLP served as legal advisor to Topgolf Callaway Brands Corp. (NYSE: MODG) in the $290 million sale of its Jack Wolfskin business to ANTA Sports, subject to customary closing adjustments.
This transaction aligns with Topgolf Callaway’s strategic focus on its core operations and strengthens its financial position in anticipation of the planned separation of Topgolf.
Chip Brewer, Topgolf Callaway’s CEO and President, shared his enthusiasm for the transition.
"We are excited to announce the successful completion of the sale of our Jack Wolfskin business to ANTA Sports. We believe that ANTA Sports will continue to uphold the integrity and reputation of the Jack Wolfskin brand, and we extend our gratitude to our Jack Wolfskin employees for their hard work and dedication in positioning the business for its next chapter."
Latham & Watkins’ legal team brought extensive expertise to the table, with the corporate deal group led by San Diego partners Craig Garner and Kevin Reyes, and Frankfurt partner Leif Schrader. They were supported by associates Taylor Ashton, Madeleine West, Zach Kobayashi, Dominique Brieger, and Christopher Maier.
Topgolf Callaway Brands Corp. (NYSE: MODG) is a leading Modern Golf and active lifestyle company based in Carlsbad, California. Formed by the 2021 merger of Callaway Golf and Topgolf, the company combines traditional golf equipment manufacturing with innovative entertainment, offering global brands like Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey, OGIO, Jack Wolfskin, and WGT.
Latham & Watkins, founded in 1934, is a global law firm with more than 3,000 lawyers across major business and financial centers. The firm advises top companies, investors, and institutions on high-stakes transactions, regulatory matters, and litigation. Known for its collaborative culture and deep industry knowledge, Latham delivers practical, strategic legal solutions worldwide.
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