Private equity investor Investcorp. has agreed to acquire Dainese, the legendary brand for safety and quality in the motorcycle market, at an enterprise value of €130m.
Following the investment, founder and President Lino Dainese will retain a minority stake in the business alongside Investcorp.
The company’s goal is now to increase its penetration into new markets.
Founded in 1972 and based in Vicenza, Dainese is a iconic brand specialized in safety and quality in the motorcycle and other dynamic sports market. Originally known for its motorcycling racing wear, the company has subsequently diversified its product range and today provides protective gear for road and racing use alike, as well as for use in winter sports, biking and horse riding.
In addition, through the AGV brand name, Dainese is also a protective helmet manufacturer for the motorcycle market.
The company also operates an R&D technical centre for the study of protective technology and the development of innovative products.
FinSMEs
06/11/2014