Kinstellar has advised Black Diamond and its parent company Clarus on the sale of Black Diamond Austria and its operating subsidiary PIEPS to an international private investment firm. Schindler Attorneys reportedly advised the buyers.
Clarus is an outdoor sports equipment company. According to Kinstellar, the cross-border deal marks a strategic portfolio adjustment for Black Diamond and Clarus, allowing the group to sharpen its focus on core product lines while ensuring continued growth opportunities for the PIEPS snow safety brand under new ownership.
The Kinstellar team included Partner Hartwig Kienast, Senior Associate Agnes Lackenberger, and Associate Alexander Knobl.
