Italian racing-bike maker Pinarello becomes the anchor for an untried business model – a luxury sports empire – The Globe and Mail

[ad_1] Images are unavailable offline. Fausto Pinarello with historic bikes in the Pinarello’s archive area, on Nov. 14, in Treviso, Italy. Fabrizio Troccoli/The Globe and Mail The story of Italian…

Italian racing-bike maker Pinarello becomes the anchor for an untried business model – a luxury sports empire

[ad_1] Open this photo in gallery: Fausto Pinarello with historic bikes in the Pinarello’s archive area, on Nov. 14, in Treviso, Italy.Fabrizio Troccoli/The Globe and Mail The story of Italian…

L Catterton Sells its stake in Cicli Pinarello

[ad_1] GREENWICH, Conn. and MILAN and TREVISO, Italy, June 29, 2023 /PRNewswire/ — L Catterton, a leading global consumer-focused investment firm, today announced that it has sold Pinarello, an iconic Italian…

Ivan Glasenberg nears deal to buy elite cycling brand Pinarello

[ad_1] Billionaire Ivan Glasenberg, the former chief executive of Glencore, is poised to acquire a controlling stake in elite bicycle maker Pinarello as he expands his stable of cycling interests.…