News Motorcycle Industry News Dainese to be Acquired by Investcorp

Dainese to be Acquired by Investcorp

Dainese to be Acquired by InvestcorpMotorcycle Industry News

Dainese, known around the world for its motorcycle safety and riding apparel, is to be acquired by Investcorp, a global provider and manager of alternative investment products, according to an announcement Wednesday in London.

Investcorp announced it had reached an agreement with company founder and president Lino Dainese to acquire the company for €130 million ($162 million) and that Mr. Dainese, would remain on board with the company and retain a minority stake in the business alongside Investcorp.

Mr. Dainese is credited with inventing products such as back protectors, knee sliders and Dainese air bag (D-Air), an intelligent protection system which recognizes a dangerous fall and deploys special airbags around motorcyclist’s body.

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; “We are honored to have the trust and confidence of Mr. Dainese and to be the custodian of this exceptional business that Mr. Dainese has built over 40 years ago. Dainese is an iconic brand with a track record of leadership in a multibillion dollar market. 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.

“We look forward to working in partnership with the current management team, and Mr. Dainese, to consolidate Dainese’s deserved reputation as an innovator and to strive to increase its penetration into new markets.”

The company was founded in 1972 and built its reputation on high quality safety gear for motorcycle racing and other powersports applications, later expanding into a diverse product range for winter sports, bicycle and equestrian uses, as well.

Dainese also produces the AGV brand of motorcycle helmets. The company’s Dainese Technology Centre (D-Tec), an R&D technical center studies protective technology and lead the firm’s efforts to develop innovative products.

2021 Indian Springfield Lineup First Look (5 Fast Facts)

There are two motorcycles in the 2021 Indian Springfield lineup, with the standard Springfield focused on longer-distance touring, and the Springfield Dark Horse pulling...

2021 BMW R 18 Review (19 Fast Facts on the First Edition)

Over a year after its concept debut, the 2021 BMW R 18 has made its way to production. Much has been written about its...

2021 Honda CRF450R Review (12 First Ride Fast Facts from Glen Helen)

The 2021 Honda CRF450R is all-new for 2021. The entirely new chassis, bodywork, exhaust, and hydraulic clutch highlight the changes to the CRF450R. Add to...

Arai Spoiler EX2 for the Corsair-X Helmet First Look

The Arai Corsair-X is the Japanese company’s flagship helmet and intended for riders of the highest performance motorcycle. MotoGP racers Maverick Viñales of Monster...

2021 Indian Scout Lineup First Look: Five Models (Photos, Specs + Prices)

Although the five-motorcycle Indian Scout lineup is functionally unchanged for 2021—last year was a major expansion of the line—this year, Indian is offering new...

2020 Ural Weekender SE First Look: Special Edition Sidecar

Just in time for autumn, Ural lets loose with the 2020 Ural Weekender SE. Based on the 2WD Gear Up model, the Weekender SE...