All Vittoria Group articles
-
Article
Vittoria opens cotton bike tire factory in Bangkok
Italian bicycle tire specialist Vittoria has opened a new factory in Thailand for the production of cotton bicycle tires. This €20 million investment will expand the Vittoria Tyres Thailand (VTT) factory site from 36,000 to 51,000 sqm in the Bangpoo industrial area, near VTT’s current headquarters. The 10,000 sqm facility ...
-
Article
British Mammut owner and investment company Telemos takes majority stake in Vittoria Group
A year and a half after acquiring the Swiss Mammut Sports Group from Bystronic (formerly Conzzeta Group), Telemos Capital is making news with another acquisition in the sporting goods industry. The British investment group has signed a binding agreement to acquire a majority stake in Vittoria Group, the bicycle tire ...
-
News briefs
Vittoria Group announces executive changes
Vittoria Group has announced that Karim Pine is taking over from Glenn Lee as the new managing director for North America. Lee, who held the regional managing director position for two years, will now head the newly established global accessories business unit. Vittoria, specializing in performance bicycle tires and accessories, ...
-
News briefs
Vittoria issues €5 million sustainability bond through UniCredit
Italian bicycle tire specialist Vittoria, owned by its management and private equity fund WISE Equity, has issued through UniCredit a €5 million ESG (Environmental, Social, and Governance) sustainability-linked bond, which will help finance its investments in capacity and innovation in Thailand and Italy. The bond has a duration of six ...
-
Article
Vittoria Group and A Dugast open new regional headquarters in the Netherlands
Right after the acquisition of A Dugast by the Vittoria Group in May 2021, there were considerations on how best to join forces and exploit synergies. On June 15, the two bicycle tire suppliers inaugurated the new headquarters of Vittoria Northern Europe and A Dugast in Oldenzaal, the Netherlands. This ...
-
Article
Vittoria Group builds bike park and innovation center in Italy
Italian bicycle tire giant Vittoria Group has begun construction of what it describes as “the world’s first all-discipline cycling experience, innovation center and knowledge hub for bicycle tire development.” Vittoria Park will be built around the company’s headquarters near Milan. It will also house an impressive testing area open to ...
-
News briefs
Vittoria Group doubles LTT production capacity with $20 million investment
With an investment of $20 million, Italian bicycle tire manufacturer Vittoria S.p.A. plans to double the production capacity of its manufacturer Lion Tyres (Thailand) Co. (LTT). The new factory will not only increase capacity, but also create “the world’s first carbon-neutral production facility for bicycle tires,” according to the company. ...
-
News briefs
Vittoria launches bike tire subscription service
Italian bicycle tire giant Vittoria Group is launching its first B2B tire service, called “Vittoria2Go.” The service allows customers to purchase bicycle tires on a subscription basis and pay monthly. With this unique offering, the Italians are targeting the growing bicycle leasing and rental market. The first customer is Pon ...
-
News briefs
Bicycle tire manufacturers Vittoria Group and A. Dugast join forces
Dutch bicycle tire manufacturer A. Dugast, best known for its handmade cotton and silk tires for cyclocross, track and road racing, has been fully acquired by Italian bicycle tire giant Vittoria Group. As a result of the deal, A. Dugast’s CEO Richard Nieuwhuis has received an undisclosed minority stake in ...
-
News briefs
Vittoria Group expands management team
Source: Vittoria Group Vanessa ten Hoff Italian bicycle tire manufacturer Vittoria Group welcomes Vanessa ten Hoff as chief innovation officer to its leadership team. Ten Hoff joins with more than 18 years of experience in the household appliances industry in various international senior leadership roles, covering product ...