Is Dainese for sale again?

Bruno Gomes

April 11, 2019

Investcorp group seeks to sell their 80% in Dainese and there’s already an assets management company trying to find a suitable buyer.

After taking control of Dainese back in 2013, the Bahraini investment group Investcorp got a hold on 80% of the shares of the Italian company. Under their leadership, Dainese grew, and their turnover raised from 121 million euros to a massive 184,7 million euros in 2017.

After such a heavy investment, Investcorp group seeks to sell their shares on Dainese according to a report published by BeBeez, and to that end, they’ve already enlisted the assets management company Lazard, who are already establishing contacts to potential buyers.

Although there are no names as to who can buy Dainese shares from Investcorp, and with Dainese already denying the negotiations, the truth of the matter is that the rumours continue to surface every now and then, but this time reports point to the fact that this is the perfect moment for Investcorp to sell the shares.

How much will anyone pay Investcorp to buy the 80% stake on Dainese is still a mystery, but with such strong growth markers, we expect that each share will be extremely valuable and Investcorp will get much more money compared to what they invested in 2013.