Columbia Sportswear Company (NasdaqGS:COLM) agreed to acquire the remaining 40% stake in Columbia Sportswear Commercial (Shanghai) Company Ltd. from Swire Resources Limited on April 10, 2018. As of April 10, 2018, Columbia Sportswear Company and Swire Resources Limited respectively hold 60% and 40% stake in Columbia Sportswear Commercial (Shanghai) Company Ltd. Jason Zhu will continue as General Manager of Columbia Sportswear Commercial (Shanghai) Company. Columbia Sportswear Commercial (Shanghai) Company Ltd. generated sales of $168 million in 2017. The acquisition is subject to various conditions, including regulatory approval in China, and is expected to be completed on or about January 1, 2019. Columbia Sportswear Company (NasdaqGS:COLM) completed the acquisition of the remaining 40% stake in Columbia Sportswear Commercial (Shanghai) Company Ltd. from Swire Resources Limited on January 2, 2019. As a part of the transaction, John Soh will become the general manager of Columbia Sportswear Commercial (Shanghai) Company in mid-February 2019.