International Dealer News IDN 141 February/March 2018 | Page 64

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NEWS

BRIEFS

December saw Yamaha Corporation sell more of its shareholding in former subsidiary Yamaha Motor Co . The company divested some 2.3 % of the voting shares ( some 8 million shares ), selling to investment and securities houses for around 190m euro . Estimates at the time suggested that Yamaha Corporation will remain the single largest shareholder in Yamaha Motor Co ., but with its share dropping below 10 % ( estimated at 9.93 % from 12.22 %), it will now no longer be classed as a “ major shareholder ” under Japanese stock market rules .
Pirelli has launched what it says is the world ’ s first “ multicompound ” motorcycle tyre . Derived from its experience as the spec tire supplier for the FIM WSBK Championship series , their Diablo Rosso Corsa II is a highperformance sport bike tyre , said to be particularly good for riders who corner hard with greater lean angles .
Italian helmet manufacturer Nolan is now selling dealer-direct in Germany .
Italian boot maker TCX Boots has signed a multi-year sponsorship deal with Rockstar Energy Husqvarna Factory Racing . Team rider Mitchell Harrison ( No . 30 FC250 ) debuted the all-new TCX COMP EVO 2 Michelin at Anaheim in January .
On November 3 , Paul Liao , owner of ( hitherto ) Düsseldorf based chain store group Hein Gericke Europe , filed a petition for self-administration insolvency proceedings . This is believed to be ( at least ) the fourth time that Hein Gericke , one way or another , in one country or another , has been involved in insolvency proceedings since it was sold by founder Hein Gericke to Eurobike AG in 1987 . A legal dispute is also underway in the German courts concerning the rightful ownership of certain Hein Gericke IP assets .

LSL goes Paaschburg & Wunderlich

German parts and accessory specialist Paaschburg & Wunderlich GmbH ( P & W ) is to take over all sales activities and trademark rights of LSL Motorradtechnik GmbH , with both companies cooperating on all future parts , accessory and motorcycle project concepts and designs . Based in Glinde near Hamburg , this asset deal is effective February 9 , 2018 , with the entire warehousing and sales activities of LSL being relocated to the P & W facility at Glinde . The logistical excellence of P & W will be complemented by the LSL development department , design and engineering teams , which stay at the existing LSL facility at Krefeld under the leadership of the founder and head of development Jochen Schmitz- Linkweiler . Dr . Oliver Moosmayer of P & W said : “ With LSL , we have considerably strengthened the brand and product portfolio of Paaschburg & Wunderlich . I am also very pleased that Jochen Schmitz-Linkweiler and his team are exclusively available to us for product development , which will significantly increase our product development capabilities and capacities .” Jochen Schmitz-Linkweiler commented on the new cooperation , saying : “ With Paaschburg & Wunderlich , we have found a perfect partner to further expand the LSL brand and make it even more successful worldwide . “ For me personally , this new cooperation means that I will have much more time to do more in order to promote product development in Krefeld and to develop new techniques for the production and perfection of LSL products .” A former Harley-Davidson dealer , Jochen Schmitz-Linkweiler founded
Jochen Schmitz-Linkweiler : “ With Paaschburg & Wunderlich , we have found a perfect partner to further expand the LSL brand ”
LSL over 30 years ago and has an enviable reputation for performance , styling and handling product quality and innovation that isn ’ t only limited to parts - with the Clubman brand , LSL has also created an internationally recognised name in the fast-growing retro classic market . Paaschburg & Wunderlich is an equally well-respected designer and distributor of own brand and thirdparty products , having been founded in the early 1980s by Uwe Paaschburg and Norbert Wunderlich . With more than 28,000 articles and more than 4,500 customers worldwide , the company specialises in lighting , exhausts , accessories , spare parts , care products , workshop and service parts for motorcycles , ATVs and quads . Their highly regarded own brand programme includes brands such as HIGHSIDER , Shin Yo , Takkoni and Moto Professional . www . pwonline . com www . lsl . eu
64 INTERNATIONAL DEALER NEWS - FEBRUARY / MARCH 2018