On July 3, 2019, LK International AG, the holding company of the sportswear and sporting goods brand KJUS, was acquired by Panthera Holdings Limited, a wholly-owned subsidiary of Acushnet Holdings Corp., for an undisclosed consideration. Lenz & Staehelin advised the sellers in this transaction. The team included partner Hans-Jakob Diem and the associates Simone Ehrsam and Ann Francesca Weibel (Corporate and M&A) as well as Stephan Brandner (Tax).