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Japan's Snow Peak plans $330m management buyout with Bain help

Japans Snow Peak plans 330m management buyout with Bain help
Company has been hit by faltering demand for outdoor goods and rising costs

TOKYO -- Japanese outdoor goods maker Snow Peak plans to go private under a management buyout worth 50 billion yen ($333 million) and is teaming up with U.S. investment fund Bain Capital to conduct a tender offer, Nikkei has learned.

The move, expected to be announced next week, comes as the company looks to speed up structural reforms amid faltering demand for outdoor products.

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