Shark, Naxicap Partners announces acquisition

Shark – The French private equity fund Naxicap Partners announces the acquisition of the FIK Group, owner of the SHARK (helmets), Bering and Segura (clothing) and Bagster (bags, saddles, accessories) brands.

The French group has been on the rise since 2011 He received Capital acquired the brand Shark and then allowed the management team to establish an international group, with a wide range of brands and products for the motorcycle sector. Patrick Francois, president of the FIK group, in relation to the acquisition by Naxicap Partners, he has declared: "Thanks to this new change, the group has equipped itself with the tools to pursue its strategy in the coming years. Naxicap will facilitate indoor and outdoor growth in the seasons to come. Furthermore, the Naxicap fund was already at our side in the 2000s. We are therefore happy to find it again today".

Angèle Faugier, member of the executive committee of Naxicap, instead said: “The group has changed a lot since the 2000s. Today it is an important player on its market and we want to accompany it in its internal or external development for the next few years. The group must in fact strengthen its leadership on the motorcycle market or more generally on the protection of athletes". The group, which employs more than 500 people, now generates a turnover of almost 65 million euros, more than half of which are in France. Its products are known as the safest and most innovative on the market, furthermore the group develops its products using its design/style offices in France, using cutting-edge technologies for design or engineering and making large investments every year in innovation.