Welcome to MotoHouston.com! You are currently viewing our forums as a guest which gives you limited access to the community. By joining our free community you will have access to great discounts from our sponsors, the ability to post topics, communicate privately with other members, respond to polls, upload content, free email, classifieds, and access many other special features. Registration is fast, simple and absolutely free, join our community!
If you have any problems with the registration process or your account login, please contact us.
|Like us on Facebook! Regular shirt GIVEAWAYS and more|
Share This Thread:
|Subscribe to this Thread||Thread Tools|
|11-05-2014, 11:10 AM||#1|
Join Date: Nov 2008
Feedback Rating: (0)
Investcorp acquires 80 of Dainese for 130 million
Founder Lino Dainese retains remaining 20
INVESTCORP announced today it has bought a large stake in Dainese.
The leading global provider and manager of alternative investment products has bought 80% of the Italian motorcycle gear retailer for €130 million (£101 million).
Mr. Lino Dainese, founder of the Italian firm, will remain on the board with his minority stake in the company.
Lino Dainese said: ?’It was hugely important to us to find the right partner in this period of strong development for the company. I believe that Investcorp’s proven track record, global presence and network will support the Company’s continued international expansion and product innovation.
'I also believe that their support will enable me to refocus on my passion, driving forward technological advances in our product line and, in particular, the D-Air® system.’
Hazem Ben-Gacem, Head of Investcorp’s European corporate investment team, said: ?’It is exactly the type of company we look to invest in: a founder managed successful business looking for a partner for the next phase of growth.
Biker left injured by side of road for five hours
New: 2013 Dainese collection
Ducati reveal world’s first production motorcycle with wireless airbag jacket integration
Mick Doohan - Champion turned Businessman
Ride with Agostini, Luccinelli and Max Biaggi
|Thread||Thread Starter||Forum||Replies||Last Post|
|Polaris Industries Acquires Timbersled||NewsBot||Industry News||0||04-24-2015 08:10 AM|
|Polaris Industries Acquires Brammo Inc.||NewsBot||Industry News||0||01-16-2015 07:50 AM|
|Polaris Acquires Pro Armor||NewsBot||Industry News||0||11-14-2014 02:30 AM|
|Dainese Acquired by Investcorp||NewsBot||Racing News||0||11-05-2014 12:50 PM|
|George Soros Unloads Major Financial Bank Stocks; Invests Over $130 Million In Gold||Petro||Off Topic||2||08-20-2012 09:59 PM|