Investcorp Acquisition Of Swedish Sports Protection Brand POC Huge Expansion
Investcorp, a private equity firm in the Middle East, formally announced in October 9th that it would spend $65 million from the outdoor sports equipment manufacturer Black Diamond and Inc in Bahrain.
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POC, an innovative sports equipment company, continues to expand the scale of its sports brand portfolio.
In this paction, Gattai, Minoli, Agostinelli&Partners are Investcorp's legal advisers, and DC Advisory serves as financial advisor.
According to official press release, POC, Sweden, was founded in 2004.
Athletes
And consumers to provide the top personal sports protective equipment.
POC products are now sold in 27 countries, including helmets, protective clothing, goggles, gloves and other equipment.
Through technical cooperation with companies such as Volvo and Ericsson, a Swedish automotive and communications giant, POC has always been an innovation pioneer in the field of sports safety.
POC
It also cooperated with many famous athletes: alpine skiing champion, Olympic gold medalist Julia Mancuso (pictured above) launched a series of signature products with POC, and the top road cycling team including Team Cannondale-Garmin and Team Stolting also developed new products with POC, hoping to ensure safety and comfort in keeping with aerodynamics.
Since the acquisition of Riva Boats in 1984, Investcorp has always been very popular with all kinds of sports brands in Europe, whether in clothing or sports equipment.
Besides POC, the other brands they buy include Helly Hansen and Dainese AGV.
After being acquired by Investcorp, POC may cooperate with Dainese.
Dainese is a leading Italian company in the world motorcycle industry and dynamic sports protective clothing industry.
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