Who is the real owner of Puma?
Jackson Reed
Updated on January 14, 2026
Armin Dassler, PUMA CEO and son of the company founder Rudolf Dassler, celebrates this moment with his colleagues from the PUMA board.
Are Adidas and Puma owned by the same company?
The brothers split up in 1947 after relations between them had broken down, with Rudolf forming a new firm that he called Ruda – from Rudolf Dassler, later rebranded Puma, and Adolf forming a company formally registered as Adidas AG from Adi Dassler on 18 August 1949.
Which is bigger Adidas or Puma?
However all three have emerged as the world’s leading sportswear companies with Nike (US$18.6 billion revenue) the world’s largest, Adidas close behind (US$15.6 billion revenue) and Puma currently the smallest out of the three (US$4 billion revenue).
Who is the parent company of Puma AG?
German sportswear company Puma AG Rudolf Dassler Sport (OTC: PMMAF) may no longer be weighed down by its French parent company Kering S A/ADR (OTC: PPRUY). The French luxury goods group proposed to reduce its stake in Puma on Thursday, distributing the majority of Puma shares — 70 percent — to Kering shareholders through a dividend.
Who is the CEO of PUMA sportswear?
Puma CEO Gulden said Kering’s sell-off of shares makes the sportswear retailer more attractive for investors. “Kering and Artémis, however, would remain strong partners and shareholders, which proves that they believe in our strategy and PUMA’s future success,”he said.
Where is the headquarters of Puma Energy Company?
The company employs over 7,600 staff and is headquartered in Singapore with regional hubs in Geneva, Johannesburg, San Juan, Brisbane, and Tallinn. The Puma brand was created in Argentina in 1929 by Compañía General de Combustibles (CGC). CGC was founded in 1920 to transport and market crude oil and its by-products around the country.
Who are the minority shareholders of Puma Energy?
The remaining minority shares are owned by private shareholders. The latest transaction in November 2013 (sale of 10% of the share capital of the company) valued Puma Energy at around $5 billion.
