Announced
Financials
Sources
Tags
motorcycle parts
Friendly
Auto Parts
Netherlands
Acquisition
Private Equity
Single Bidder
Pending
Private
Majority
Cross Border
Synopsis
Powersports Distribution Group, a European group active in the distribution of parts and accessories for motorcycles, agreed to acquire Motorcycle Storehouse, a provider of motorcycle aftermarket parts and lifestyle products, from Nedvest Capital, a venture capital firm. Financial terms were not disclosed. “PDG is highly impressed by MCS, the width and depth of their product assortment, their ability to create a large and loyal fanbase and their state-of-the-art operations and warehouse in Groningen. Their impressive leadership position in the Harley Davidson niche segment will further establish the position of PDG as a European market leader. We look forward to actively supporting MCS and its management in the next phase of growth,” Tom Beyers, PDG CEO.
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