Announced
Completed
Synopsis
Powersports Distribution Group, an European group active in the distribution of parts and accessories for motorcycles, compeleted the acquisition of De Hobbyist, a motorcycle retailer. Financial terms were not disclosed. “We are excited to welcome the Hobbyist to the Group and we look forward to further developing the company with the team at the Hobbyist. Their extensive assortment, knowledge and experience of parts for BMW motorcycles will further strengthen our offering. The acquisition of the Hobbyist is another important step in the further development of the Group, which we are actively and continuously expanding,“ Tom Beyers, PDG CEO.
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