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Investcorp in deal to sell Italian group Dainese for $687m

Investcorp, a manager of alternative investment products, has reached an agreement for the sale of Dainese, an Italian manufacturer of protective equipment for motorcycling and dynamic sports, to investment firm Carlyle for €630 million ($687 million).

EXCLUSIVE Investcorp revs up to sell Italian motorcycle clothing brand Dainese - sources

Investcorp is gearing up to sell Italian motorcycle clothing brand Dainese in a deal that could value the 49-year firm, favoured by motorcycle racer Valentino Rossi, at about 750 million euros, a source familiar with the matter told Reuters.

Exclusive-Investcorp revs up to sell Italian motorcycle clothing brand Dainese – sources

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