2 Ride Holding and Nolan Group report the signing of an acquisition agreement

The signing of an acquisition agreement between the French giant has been announced 2 Ride Holding present on the market with various brands Shark, Bering, Bagsters, Segura e Cairn and Nolan Group, a well-known Italian company specialized in the development of protective helmets.

A partnership to aim for leadership in the sector

The transition, as reported by the companies in the short press release released, could be defined in May, subject to antitrust legislation relating to acquisition operations. From what emerged, the production of Nolan Group however, it remains in Brembate di Sopra, also taking up what was said by president di 2 Ride Holding, Patrick Francois, who underlined his satisfaction with this "Union" between two large operators in similar sectors. A bond which, as stated, will make it even more solid “ability to develop increasingly innovative products and increasingly aimed at the global markets in which we operate.” He also added: “After the transaction, all existing brands of both groups will remain in their respective markets. We would like to thank the shareholders of the Nolan Group for having placed their trust in us in the present and in the long term.”
From the words of Alberto Vergani, president di Helmet Invest which controls the Nolan Group, then emerges the belief that they have found the best partner to consolidate the primacy in their field of expertise and also to ensure production in Italy. “After 26 years since the 1992 acquisition, our shareholders were looking for the best solution for the continuity of our brands. Thanks to all the people who have contributed to the prestigious history of the Nolan Group.”
The agreement between these European realities therefore highlights the desire of all the parties involved to grow further both in terms of proposal and content, and at a geographical level, thinking above all of the new challenges posed by the continuous global economic evolution.
The new large group, characterized by 150 million euro of revenue and 1.000 employees, as well as a production of protection solutions for motorcyclists and for outdoor activities spread beyond 80 world realities, potentially appears to be one of the major players in the reference sectors.