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Sidi Sports bought by Italmobiliare for € 66 million

July 26, 2022

Sidi Sports, makers of cycling shoes worn by multiple cycling champions across CX, road, MTB and track, have been acquired by one of Italy’s leading investment holding companies.

Italmobiliare manages a diversified portfolio of investments with a Net Asset Value of more than 2 billion euro. The business reports that the acquisition “continues its strategy of expanding its investment portfolio. Since 2017, the business has consolidated its strategy of investing in companies with major innovative “Made in Italy” brands, supporting significant rates of growth with its know-how and models of development and governance. CIN