acquisition

GoPro Motorcycle Helmet: 5 Things known so far

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1. GoPro Plans To Launch Its First Tech-Enabled Motorcycle Helmet In 2025 2. GoPro Motorcycle Helmets Will Likely Be Sold To Riders Through Existing GoPro Motorsport-Related Retailers 3. GoPro Plans To Provide Motorcycle Helmet Tech Development Assistance To Other Premium Helmet Manufacturers 4. GoPro Plans To Extend Its Existing Subscription Plan Structures To Its Future Tech-Enabled Motorcycle Helmet Line 5. GoPro’s Current Forcite Helmets Acquisition Timeline Is Q1 Of 2024. GoPro had announced plans to acquire Australian smart helmet maker Forcite Helmets in January 2024.

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Mustang Seats Acquired by Veteran-founded Investment Firm

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Mustang Seats Acquired by Veteran-founded Investment Firm LDR Growth Partners New Growth-Oriented Owners Will Invest in Company’s Factory Operations, Marketing Programs and Presence with Customers Three Rivers, Massachusetts – April 4, 2022 – LDR Growth Partners today announced the acquisition of Mustang Motorcycle Products LLC, maker of Mustang Seats and related motorcycle accessories, in a private transaction closed last Friday. Mustang, known for high-quality, handmade motorcycle seats, was founded in 1980 near Three Rivers, MA, where the company maintains factory operations. Mustang was purchased out of Motorsport Aftermarket Group, owned by a group of investors, led by Monomoy Capital Partners. “Mustang Seats presents a tremendous opportunity for us at LDR,” said William Brame, partner at LDR and co-head of its acquisition business. “Our unique approach is in providing growing companies the resources they need to continue to expand while identifying areas for new value creation. We’ll invest in people, technology, and the machinery the company needs to help deliver the iconic Mustang Seats to motorcycle riders looking for our products domestically and internationally.” Mustang employs 85 people in a historic facility in Three Rivers. The company was founded by Al Simmons and named after the legendary P51 military aircraft from World War II. Mustang designs and manufactures a variety of styles of seats, with fitments for all major brands of motorcycles. The company also offers rider and passenger backrests and seating-related products. LDR Growth Partners is a private investment firm focused on acquiring and growing unique, cash flow generating businesses in the manufacturing, industrial products, and transportation sectors. The company currently owns and operates Whitman Controls, a 50-year manufacturer of process automation controls with large, multinational customers across a range of industries. LDR, founded in 2011 by three US Army officers, is also the owner of LDR Advisory Partners and

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Norton will fill the high-end technology deficit for TVS Motor

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by Chanchal Pal Chauhan from https://auto.economictimes.indiatimes.com Norton is one of the most iconic British brands, besides Triumph, Royal Enfield and BSA. Incidentally now all of the remaining famed British brands either have Indian owners or strong engineering relationships with local entities. Another Indian company bags a storied European brand. This time it’s TVS Motor, the third largest two wheeler maker from the world’s biggest bikes and scooter market, and getting ‘Norton’ under its belt would not just fill the technology deficit, but would also make it a serious contender in the super-bike category, something its rivals are always vying for. Industry veterans cite it as a major catch for any aspiring Indian company aiming to hit the global circuit in style. “Norton is a major brand in the developed markets of Europe and the US and at Rs 150 crore, it’s a steal. The brand has a major pull and would fill the void for TVS Motors in technology and take it many years ahead of its rivals,” says a two wheeler specialist. TVS Motor Company has announced the Norton acquisition on Friday. Norton is one of the most iconic British brands, besides Triumph, Royal Enfield and BSA. Incidentally now all of the remaining famed British brands either have Indian owners or strong engineering relationships with local entities. Typical of the cash-starved British brands, Norton was started in Birmingham in 1898 by James Lansdowne Norton. It has a fantastic global appeal, a strong unique design and British heritage carried for decades. It has always been closely associated with “Motor Racing” and also makes superbikes in various categories across markets. It is a brand which has a huge opportunity for TVS to scale up and create value. TVS Motors can now focus on these developed markets with a known brand and

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TVS acquires Britain’s most iconic sporting motorcycle brand ‘Norton’

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by TE Narasimhan from https://www.business-standard.com Founded by James Lansdowne Norton, in Birmingham, in 1898, Norton Motorcycles is among the most popular British motorcycle brands of all time and is one of the most emotive marques today TVS Motor Company on Friday announced the acquisition of the United Kingdom’s most iconic sporting motorcycle ‘Norton’ in an all-cash deal, for £16 million, by acquiring certain assets of Norton Motorcycles (UK) (in administration), through one of TVS Motor’s overseas arms. This would be among the most interesting acquisitions of a storied motorcycle maker, and reflects TVS’ and India’s rapidly rising prominence in the global two-wheeler market, said the company. Founded by James Lansdowne Norton in Birmingham (in 1898), Norton Motorcycles is among the most popular British motorcycle brands of all time. Since the 20th century, Norton has been renowned for its classic models and eclectic range of luxury motorcycles, ranging from the authentic retro classic reboots of the famous Commando to their contemporary 200 bhp, 1200cc V4 super-bikes. Sudarshan Venu, joint managing director of TVS Motor, said: “This is a momentous time for us at TVS Motor Company. Norton is an iconic British brand.” Norton had some management issue, which TVS — with its global supply chain capabilities and financial support — helped overcome. Though there will be some concerns in the short term due to Covid-19, TVS Motor has enhanced its cost-reduction measures, and cut down on capex. Given the nature of Norton, which is not a capex-heavy business, there seems no immediate concern. Manufacturing will continue in the existing facility, and there are many customer orders that will be fulfilled in a profitable manner. The immediate focus would be on developed markets, in which Norton is already present, before expanding in key developing markets. The company has a strong relationship with

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Damon Motorcycles Acquires Mission Motors, The Future Looks Bright

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by Florin Tibu from https://www.autoevolution.com Damon Motorcycles’ Hypersport electric bikes revealed at CES were a huge hit, with the entire limited fleet of Founders Edition machines already sold out in pre-sale. The company now takes another big leap forward with the acquisition of the IP portfolio of Mission Motors, one of the strongest names in the EV powertrain segment. The move might seem a bit surprising, but it shows that Damon Motorcycles are dead-serious about the development of future, more competitive models in this growing market. Among the technologies that are now property of Damon we find the proven designs that helped break the AMA electric land speed record at the Bonneville Salt Flats, also setting new records at Laguna Seca in 2011, the 1/4 mile drag strip at Sonoma Raceway in 2012, or the Isle of Mann TT Zero race in 2014. The PM200 electric motor, the acclaimed Mission Inverter and the Skyline Telematics will now be further developed and integrated in new models that are en route to consumers. While Damon’s Hypersport Founders Edition consisted of only 25 units, the company currently has two more special bikes on pre-sale. The Hypersport Premier Arctic Sun and the Midnight Sun, in white-gold and black-gold trim, respectively, each with a $39,995 price tag. Securing one requires a $1,000 deposit while offer lasts. If special editions are a bit off your budget, but you still want an electric Damon bike, you can also get the standard version, Hypersport HS, which tips the scales at a more palatable $24,995. The Damon Hypersport is advertised with the “200 Making it count” punch line, emphasizing on the 200 horsepower, 200 mph top speed and 200-mile range figures. The bikes come with a liquid-cooled 21.5 kWh battery feeding a PMAC liquid cooled 160 kW motor that

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Harley-Davidson Acquires Company That Makes Electric Bikes for Kids

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Harley-Davidson is trying to attract a new generation of riders at a very young age. The iconic motorcycle company announced Tuesday that it was buying StaCyc, which makes two-wheel electric bikes for kids. StaCyc has two models — the 12eDrive and 16eDrive — that the company describes as “the perfect choice for little rippers” between the ages of 3 and 7. The bikes have a top speed of about 10 miles per hour and sell for a range of $649 to $699. Harley-Davidson said in a statement that Harley-Davidson branded versions of StaCyc’s two models will be available at select Harley-Davidson dealers in the United States in the third quarter of 2019. “The StaCyc team shares the same vision we have for building the next generation of riders globally and we believe that together, we will have a significant impact in bringing the fun and enjoyment of riding to kids everywhere,” said Heather Malenshek, Harley-Davidson senior vice president of marketing and brand, in the statement. Harley-Davidson is increasing its bets on electric vehicles as sales of traditional bikes slow. The company has already announced plans to launch the LiveWire premium electric motorcycle this fall. It is also developing other electric bikes that it plans to start selling in 2021. Harley-Davidson needs new growth opportunities as the company struggles to deal with tariffs from the Trump administration that have hurt earnings. Sales and profits are expected to fall this year and revenue is only expected to rebound slightly in 2020. Shares of Harley-Davidson have rallied this year with the rest of the market, rising 10% so far in 2019. But the stock is trading nearly 20% below its 52-week high.

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