Barcelona has renewed its contract with the sports brand, which is set to become the official sponsor of the club for five years.
The agreement was announced on Monday and will see the brand continue as the main sponsor of the club's shirt, kits, training wear and other merchandise for the next five seasons.
Barcelona's president, Josep Maria Bartomeu, said: "We are delighted to have reached this important agreement with our partner, which will allow us to continue to grow and develop the club."
He added that the partnership would help the club to increase its revenue streams and improve its financial stability.
"We believe that this new deal will enable us to continue to provide the best possible service to our fans and supporters," he said.
"The partnership will also give us the opportunity to work together to enhance the quality of the game at the highest level."
The sports brand is one of the most successful in football, having won four European Cups and six La Liga titles.
It is currently the leading sponsor of Manchester United, Real Madrid, Paris Saint-Germain and Chelsea.
Barcelona has been working closely with the brand for several years now, and it hopes that this latest agreement will bring further benefits to the club.
The company is expected to invest millions of euros into the club's infrastructure and facilities, and it will also be responsible for marketing and promoting the team to its global fan base.
The renewal of the contract comes just weeks after Barcelona lost out to Manchester City in the Champions League final.
Despite this setback, the club remains determined to succeed in the upcoming season, and it is hoped that the new sponsorship deal will play a major role in helping it achieve its goals.