Announced
Completed
Financials
Sources
Tags
Recreational Vehicles and Boats
Mechanical engineer
Acquisition
kart
Majority
Single Bidder
Italy
Domestic
Completed
Friendly
Private
Synopsis
Qcapital, an investment company, and Bic Capital, a financial service provider, completed the acquisition of a 70% stake in Otk Kart Group, an Italian manufacturer of racing go-karts. Financial terms were not disclosed. New investors acquired 70% of the Group, which operates on a global scale in more than 70 countries, and will support Robazzi Family, which in addition to holding the remaining 30% share, will remain at the helm of the company, thus continuing to play a strategic role within the Group.
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