FOX acquisisce Marzocchi

FOX acquisisce Marzocchi

19/10/2015
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19/10/2015

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Dopo l’ultimatum di Tenneco di alcuni mesi fa circa la vendita di Marzocchi, a cui hanno fatto seguito alcuni commenti nei quali lo staff Marzocchi dichiarava che la produzione sarebbe proseguita, lasciando intendere che ci fossero diversi acquirenti interessati a rilevare il marchio, ecco che finalmente la vicenda prende una nuova svolta: FOX diffonde un comunicato ufficiale nel quale dichiara di acquisire una parte dell’attuale assetto del settore Mountain Bike di Marzocchi. Da quanto sappiamo il quartier generale del marchio bolognese dovrebbe rimanere a Zola Predosa e dovrebbe continuare a portare avanti il lavoro sotto il marchio Marzocchi, ma scopriremo presto quali sono i piani di FOX per il futuro. Intanto sembrerebbe che la storica azienda italiana possa tirare un bel sospiro di sollievo.

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[Comunicato stampa] SCOTTS VALLEY, Calif., Oct. 19, 2015 (GLOBE NEWSWIRE)

Fox Factory Holding Corp. (NASDAQ:FOXF) (“FOX”) today announced, that through certain of its subsidiaries, it has entered into a definitive agreement to acquire certain specified assets of Marzocchi’s mountain bike product lines.

The Marzocchi business designs and manufactures motor bike and mountain bike suspension products. FOX expects the transaction to close in Q4 2015 and it is subject to customary closing conditions and is not expected to have a material impact on its anticipated financial results in either fiscal 2015 or 2016. “We are excited to announce the agreement to acquire certain assets of the Marzocchi mountain bike product lines, which we believe is a significant opportunity for FOX to further expand the penetration of our bike suspension products across more price points,” stated Larry L. Enterline, FOX’s Chief Executive Officer. “The Marzocchi team has a long history of performance suspension experience and we believe that this highly complementary transaction will allow for the increased growth of the Marzocchi brand worldwide. We expect this transaction will bring together and strengthen two highly complementary product lines and allow for FOX to leverage its marketing, engineering, distribution, and supply chain resources to drive increased top-line growth and profitability.” FOX expects to report fiscal third quarter 2015 earnings results in early November and plans to provide additional financial and transactional details at that time.

About Fox Factory Holding Corp. (NASDAQ:FOXF) Headquartered in Scotts Valley, CA, FOX designs and manufactures high-performance ride dynamics products primarily for bicycles, side-by-side vehicles, on-road and off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, and motorcycles. For more than three decades, FOX’s team of enthusiasts and professional athletes has been improving vehicle performance through a unique commitment to redefining ride dynamics. FOX is a registered trademark of Fox Factory, Inc. NASDAQ Global Select Market is a registered trademark of The NASDAQ OMX Group, Inc. All rights reserved.

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