Announced
Completed
Financials
Sources
Tags
speed pedelecs
Friendly
Completed
Recreational Vehicles and Boats
Switzerland
Cross Border
Acquisition
Private
Single Bidder
Majority
Private Equity
Synopsis
Naxicap Partners, a private equity firm, completed the acquisition of myStromer, a manufacturer of Speed Pedelecs. Financial terms were not disclosed. “We will support the company in further expanding its leading market position, helping it to realise its full potential. The focus will be on the company’s internationalisation and expansion in Central Europe, the development of new sales channels and the scaling of marketing activities. At the same time, the strong brand will be used to establish new product innovations.” Peter Pergovacz, Naxicap Partners Managing Partner.
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