Suunto

Suunto Oy
Company typeSubsidiary
IndustryMeasuring instruments
Founded1936; 88 years ago (1936)
FounderTuomas Vohlonen
Headquarters
Vantaa
,
Finland
Area served
Worldwide
ProductsOutdoor, performance and lifestyle watches ⋅ Diving computers ⋅ Compasses ⋅ Precision instruments
OwnerLiesheng
Number of employees
300+
ParentLiesheng
Websitesuunto.com

Suunto Oy is a Finnish company that manufactures and markets sports watches, dive computers, compasses and precision instruments. Headquartered in Vantaa, Finland, Suunto employs more than 300 people worldwide, and its products are sold in over 100 countries. Although globally active, the headquarters is placed next to the factory, in which most of the work stages are still handcrafted. Suunto was a subsidiary of Amer Sports, owned since 2019 by the Chinese group Anta Sports,[1][2][3][4] with sister brands Wilson, Atomic, Sports Tracker, Salomon, Precor, Arc'teryx. In May 2022, Chinese technology company Liesheng acquired Suunto from Amer Sports.[5][6]

The company's name comes from the Finnish word suunta, meaning "direction" or "path", or in navigation, "bearing" or "heading".[citation needed]

  1. ^ Weinland, Don; Massoudi, Arash; Hancock, Tom (6 December 2018). "China's Anta Sports closes in on €5.6bn takeover of Finland's Amer". Financial Times. Retrieved 29 May 2020.
  2. ^ "Change in Amer Sports Corporation's financial reporting schedule" (Stock exchange release). GlobeNewswire (Press release). 22 July 2019. Retrieved 29 May 2020.
  3. ^ "Wilson Sporting Goods parent to be acquired for $5.2 billion". Crain's Chicago Business. Bloomberg. 7 December 2018. Retrieved 29 May 2020.
  4. ^ "Shizhong Ding, Anta Sports Products LTD: Profile and Biography". Bloomberg News.
  5. ^ "Amer Sports develops its brand portfolio – divests Suunto to Liesheng". Amer Sports. 2022-01-10. Retrieved 2023-08-04.
  6. ^ "Amer Sports completes Suunto transaction". Amer Sports. 2022-05-06. Retrieved 2023-08-04.