Aston And Martin Buy High-End Bicycle Brand Rapha

According to the world clothing and shoe net, investors in the British luxury car maker Aston Martin (Aston Martin), Italy private equity Investindustrial, become the UK's high-end bike to be sold.

The powerful bidder of brand Rapha.

Some analysts believe that this is not just hearsay. The two sides may announce the deal in the next two weeks.

According to the world clothing and shoe net, Investindustrial's offer to buy Rapha is 200 million pounds.

Despite another investment group, Invus, the former US weight monitoring provider Weight Watchers, is still considered to be the new owner of Rapha.

Other tenderers, Advent International and TPG, have withdrawn from competition because the potential purchase price is more than 20 times that of the company.

But the price is proved to be reasonable.

Road cycling is the largest sport category in the world, and is expected to be global.

The scale is 467 billion dollars.

It is also the next frontier for luxury brands.

Last December, the French luxury giant.

L Catterton, a private equity fund, bought Italy's high-end bicycle brand Pinarello.

Previously, LVMH also expressed strong interest in Rapha.

In the next few years, there will also be interesting new developments in this field.

About Rapha

In 2004, Simon Mottram founded Rapha in London.

By the end of 2016, Rapha had retail outlets in 14 cities such as Chicago and Seoul, employing 350 staff, and running an international cycling club with 9000 members. These members need to pay 135 pounds a year.

In the last fiscal year of January 31st, Rapha sales increased by 30% to 63 million pounds.

It has been reported that sales have risen 40% this year.

About Investindustrial

Investindustrial was founded in 1990 to provide industry solutions and financial support for medium-sized enterprises in southern Europe.

Investindustrial manages capital of 56 billion, and is one of the leading independent investment groups in Europe. Its goal is to help investment companies accelerate international expansion and improve operational efficiency.

Investindustrial's portfolio includes: Baby brand Chicco, British carmaker Aston Martin (Aston Martin), high-end shoe brand Rossi Sergio (from 2015 to acquire all the shares of the brand from Kering group), and Italy top lighting group Flos.

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