Dainese, Investcorp takes over 80% of the Italian company

Dainese – Investcorp, a company that provides alternative investment products, bought the 80% of one of the most important brands when it comes to two wheels, Dainese. The company specializing in technical clothing for motorcyclists, founded by Lino Dainese, was acquired by the Bahrain investment fund for a final value of 130 million euros, while the historic owner will however retain a minority share, thus supporting Investcorp.

The EICMA in Milan, the second day of which is taking place today, is not just about motorbikes but also about big business. A few days after the official entry of Mercedes AMG in MV Agusta, another historic Italian brand has been sold to a foreign group. Lino Dainese was looking for an important partner in this moment of great development for the company and found it in the Arabs, who through their global presence and their commercial network will support the international expansion of Dainese, beyond that continuous research of technological innovation, especially through D-Air.

Hazem Ben-Gacem, head of the European team of investcorp, proudly welcomed his company's new market operation. “We are honored to have the trust of Lino Dainese and to be the custodians of this exceptional company, established over 40 years ago. Dainese is an iconic brand, with results that confirm its leadership in a multi-million dollar market and it is exactly the type of company in which we want to invest to guarantee its growth, after its founder led it to success". Now Investcorp will be able to consolidate fame of its brand and expand into new markets, especially in European ones.