Dainese sold to fund Investcorp

The 'Italian company has announced, via the owner, Lino Dainese, had now reached the' agreement for the sale of the majority stake in the fund Investcorp for a figure of around â‚¬ 130 million.

Tuesday 4 November 2014 4 minutes reading time

The continuity & agrave; company will & agrave; guaranteed by the stay, for the moment, Lino Dainese in the company as holder of a minority interest, providing its expertise in the development of innovative products in the sport. Dainese was founded in 1972, & egrave; become known over the years as a leading manufacturer of technical apparel in the world of cycling and other active sports, including skiing. Originally focused on the production of garments and accessories for motorcycle racing, Dainese has gradually diversified its offer, bringing the technology used to track not only on the road, but also in other areas such as skiing. The heart of the home & egrave; the Dainese Technology Centre (D-Tec), the Technology Centre of Research & amp; Development of studying protective technologies. The founder, Lino Dainese & egrave; was the first to invent the back protector, knee stiff until you get to the & rsquo; s air bag Dainese D-Air, an intelligent protection system capable of recognizing a dangerous fall and activate the & rsquo; airbag that protects the shoulders, chest and collarbone biker and & egrave; currently in advanced testing even in the world of skiing. "It was extremely important for us to find the right partner in this time of great development of the & rsquo; s business," said Lino Dainese, founder and President of & rsquo; company. "I think the track record, global presence and sales network Investcorp will support the & rsquo; s international expansion of & rsquo; s business and its continued innovation in the products offered. I am sure also that their help I will allow & agrave; to focus again on what and & rsquo ; my passion: the continuous research & Outdoors, technological innovation of our products, in particular the D-Air. " "We are honored to have the confidence of Lino Dainese and to be the guardians of this great company, established over 40 years & nbsp; ago," adds Hazem Ben-Gacem, head of the European team Investcorp "Dainese & egrave; a brand icon, with results that confirm to be a leader in a market multimillionaire and & egrave; exactly the kind of company we want to invest to ensure its growth, after its founder, the & rsquo; led to success. We look & rsquo; s time to start to work with the team and Lino Dainese same, so & igrave, you can consolidate the gi & agrave; established brand reputation and succeed in new markets. ".

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