Pinarello, An Italian Brand With A Valuation Of 250 Million Euros, May Return

Italian bicycle manufacturer Pinarello is valued at 250 million euros (222 million pounds). At present, L Catterton, a well -known American private equity company holding the brand, is currently intending to sell its 80%shares in Pinarello, saying that he wants to withdraw from the company to withdraw from the company. idea.
In 2016, L Catterton, a private equity company in the United States, acquired the Pinarello bicycle brand to become the largest shareholder. Pinarello retained a small number of shares of 19.79%of the shares at the time, but as one of the shareholders and continued to serve as chairman of the company.
Italian business media reported that Pinarello was sold, and the son of Pinarello brand founder Giovanni Pinarello, the son of Fausto Pinarello as the chairman and brand guardian of the brand, is currently. Considering the brand's brand, it has been confirmed that Fostero Pinalolo hopes to cooperate with new investors to repurchase the brand.
According to the previous agreement terms, Fosto Pinarello has the right to bid for the first time, but must be within the 90-day time limit, that is, the final decision before the end of March. Pinarello said he was thinking about this idea with partners who believed the project. I think we can do well. As an enterprise operation, we are very happy to do what we do. I am willing to continue to pass it to future generations.

In the financial statements in October 2022, sales of fiscal 2021-2022 increased by 24%, with revenue of 84 million euros (£ 74.5 million), and the total operating profit increased by 30%year-on-year. Such excellent results are largely attributed to the professional knowledge, skills, experience, and dedication of the Villorba factory workers. We will continue to grow steadily.

According to expert estimates, Pinarello's current market value is about 250 million euros; if the transaction between the holding company and Fostoma Pinarelo can be landed, the transaction amount will be around 90 million euros.