2 Ride Holding agreed to acquire NOLAN Group

Fineurop Soditic acted as financial advisor to 2 Ride Holding (owner of the brands SHARK, Bering, Bagster and Segura), French market leader in motorcycle and outdoor gear and portfolio company of the investment company Eurazeo PME and the private equity firm Naxicap Partners, in the acquisition of Nolan Group.

Founded near Bergamo in 1972, Nolan group is a leading made-in-Italy producer of helmets and one of the largest player in the helmets business in Europe, with over 400,000 helmets manufactured per year, and a team of 360 people working in a single location.

It has a fully-integrated production process, from the receiving of the raw materials to the final assembly of the product and it distributes its products under the brands Nolan, Grex, X-lite and N-Com.

The newly combined group will be one of the world leader in protective equipment for motorcycle and outdoor markets.  It will reach Euro 150 million of revenues with over 1,000 employees in 80 countries around the world.

The deal, subject to antitrust regulation, is due to be completed by May 2019.

 

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