KJK Management is very pleased to announce that KJK Fund III, a EUR 250 million private equity fund launched in 2018, has completed the purchase of 100% of the shares of Elan d.o.o., one of the world's leading sporting goods companies. Elan, based in Begunje, Slovenia, was founded in 1945 and operates under four main divisions: i) Winter sporting equipment, where Elan is a world recognized innovator and leader, ii) advanced high-performance racing and leisure sailing yachts, iii) engineered solutions for large multi-purpose arenas and stadiums world-wide, and iv) highly-technical advanced composite components utilized in renewable energy.
Mr. Kustaa im, the founder and senior partner at KJK, stated that "We are delighted to have closed the purchase of Elan after 9 months of work. We believe that Elan's relentless focus on its customers makes its products highly relevant to consumers, thereby making Elan highly competitive on the world stage." Mr. im
