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Announced

Dainese to acquire TCX from Keyhaven Capital Partners for €13.5m.

Synopsis

Dainese, an Italian manufacturer of protective equipment and technical gear for dynamic sports, agreed to acquire TCX, a special purpose boots manufacturer, from Keyhaven Capital Partners, a London-based private equity firm, for €13.5m. “Improving safety in dynamic sports has always been the Dainese mission, committing to ongoing research into innovative systems that protect athletes from head to toe. We are extremely proud of this operation. TCX shares with Dainese the passion for product and adds technical and development skills that are fundamental in motorbike footwear. I would like to take this opportunity to welcome the TCX team and we look forward to working together with them," Cristiano Silei, Dainese Group CEO.

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