International Dealer News IDN 122 Dec/Jan 2014/15 | Page 9

news ROOM So far, AIMExpo has not yet managed to secure a foothold with the custom v-twin exhibitor community. The annual V-Twin Expo at Cincinnati each February remains the dealer show opportunity of choice for them, but Marketplace Events' appointment of industry legend Bob Kay as V-twin Director could boost the Harley-Davidson aftermarket appeal of AIMExpo. Kay himself is keen to point out that the mission is not to try to compete with, or replicate, the strictly trade-only Easyriders event, but instead to exploit the consumer opportunity that the venue and date offer. Marketplace Events have announced next year's AIMExpo date to be 15th-18th October. www.aimexpousa.com Dainese acquired by Bahrain's Investcorp MOTORCYCLE apparel maker Dainese has been acquired by Investcorp, a "leading global provider and manager of alternative investment products". Investcorp has acquired an 80 percent stake in the specialist Italian business at a price that values the business at € million, with founder 130 Lino Dainese retaining a minority stake in the company alongside Investcorp. Founded in 1972, Dainese has been one of the most "recognised and respected brands for safety and quality in the motorcycle and other dynamic sports markets. Originally famed for its competitive motorcycling racing wear, Dainese has subsequently diversified its product range and today provides protective gear for road and racing use alike, as well as for use in winter sports, biking and horse riding. In addition, through the AGV brand name, Dainese is also one of the leading protective helmet manufacturers for the motorcycle market. Through its Dainese Technology Centre (D-Tec), an R&D technical centre "for the study of protective technology and the development of innovative products", the company says that it can ensure that it "remains at the forefront of innovation". Lino Dainese is credited with inventing products such as back protectors, knee sliders and the Dainese air bag (D-Air), an "intelligent" Nine-time MotoGP World Champion and Dainese-supported Valentino Rossi protection system that recognises and responds to a dangerous fall by deploying special airbags around motorcyclists’ bodies. About the deal, Lino Dainese is quoted as saying "it was hugely important for us to find the right partner in this period of strong development for the company. I believe that Investcorp’s proven track record, global presence and network will support the company’s continued international expansion and product innovation. "I also believe that their support will enable YH