Shark helmets has just acquired Nolan helmets. The French helmet maker has not only acquired the Nolan brand, but also Grex and X-lite brands.
2Ride Holding Group, the parent company of French helmet maker, Shark, has acquired the parent company of Italian helmet maker, Nolan. The acquisition means that Nolan Group's brands Nolan, X lite, Grex and N-Com now join 2Ride Holding's Shark, Bering, Ségura, Bagster and Cairn to become a leading player in the market of protective equipment for motorcycle riding and outdoor sports.
The merger of these two European companies signifies their intent on making significant inroads into the global marketplace and will enable them to pursue their geographic expansion plans.
With €150 million in sales revenue and a workforce of around 1,000, the new group distributes its products in over 80 countries worldwide and enjoys a global leadership status in the market of protective equipment for motorcycle and outdoor sports.
100% of its products are conceived, designed and created in Europe, and a good majority of them are even manufactured in the European territory.
“We’re thrilled today to be concluding this merger,” said Patrick François, President of 2 Ride Holding. “Our intent is to optimize all this Italian, French and European expertise in order to offer our global consumers more protective and easier-to-use products. The Nolan and Shark brands, as well as their respective teams, both embrace the same values, dedicated to the safety of our riders, whether on a motorcycle or any other means of transportation.