International Dealer News IDN 148 April/May 2019 | Page 64

news ROOM NEWS BRIEFS In addition to extending its formal partnership with Honda Racing for 2019, Spanish parts and accessory specialist Puig has renewed its collaboration agreement with the official Kawasaki WorldSBK team for the 2019 and 2020 seasons. Puig has been the technical supplier of the Kawasaki Racing Team during the 2017 and 2018 seasons. Fort Worth, Texas based Tucker Power- sports has announced that Tucker is to distribute Lextek exhaust products. Based in the United Kingdom, Lextek produces "high-quality, low-cost exhaust products that exceed customer expectations". The company was voted "Motorcycle Product Brand of the Year" two years running by British Dealer News. German accessory specialist SW- Motech will be celebrating its 20th anniversary with a 10th annual Open House event at its Rauschenberg headquarters in June this year. The Financial Times has reported that London-based private equity group Bridgepoint, owner of motorcycle racing rights owner Dorna since 2006, has seen off interested rivals who were bidding to acquire the Spanish company by selling it from one of its owned funds to another! Following the appointment of bankers to explore a potential sale - a bid process that attracted the likes of CVC, Eurazeo, Blackstone, General Atlantic and KKR - Bridgepoint used the price set by the bid process to sell Dorna from a fund it raised in 2008 to a flagship fund it raised in 2017. Under the private equity model of ownership, buyout funds are rarely able to hold assets for more than a decade and are forced to sell. It is the second time Bridgepoint has moved Dorna between funds, having initially done so a couple of years after buying it in 2006 for a reported $500m. Investors in Bridgepoint's 2008 fund will receive about three times their money if the deal is completed, now valuing Dorna at more than € 2.5bn. 64 HRC and Puig Hi-Tech Parts extend partnership Spanish specialist Puig Hi-Tech Parts and HRC have agreed a two-year extension to their current collaboration. Puig and the Repsol Honda team have worked together since 2016 and in that time have taken three MotoGP World Championship titles together, including two Triple Crowns in 2016 and 2018. Based in Barcelona, Puig is one of the largest accessory suppliers and has been designing and manufacturing motorcycle accessories since 1964, exporting to over 60 countries. Using 3D simulation technology during the development process allows for rapid experimentation to help meet the demands of racing, and the results speak for themselves – the company is internationally recognised for their dedication to maintaining high standards of design and manufacturing in their accessories for racers and road riders. Tetsuhiro Kuwata, HRC's Director and General Manager of their Race Operations Management Division, said: “Puig Hi-Tech Parts are one of several important technical partners we have. When it comes to supplying parts for the Honda RC213V, we must be able to guarantee the best quality, and Puig are always able to deliver this. They supply what we need and fulfil our requests quickly. We at HRC are very pleased to continue working together.” Puig Hi-Tech Parts' CEO Joan Puig (seen on the right with Manager of the HRC racing Team Alberto Puig) said: "Working closely with HRC across several seasons has provided us with an opportunity to test materials, design and manufacturing processes which we then apply to our accessories for road motorcycles. As a team, they demand only the best and also often need a quick production time, which we are able and pleased to meet. I am sure that we can continue to emulate the success we have already achieved together". www.puig.tv ICON Spring 2019 catalogue With a new helmet, new racing suit, new jackets and new gloves "it's worth taking more than just one look at the ICON Spring 2019 catalogue", says Germany based exclusive distributor Parts Europe. "If there is a manufacturer of motorcycle clothing that has its own style, it’s definitely ICON. No matter if helmets, jackets or boots - the designers from Portland/USA always deliver new impulses that are far from being mainstream. "The new ICON Spring catalogue is packed with a lot of new stuff for everyone. The sporty rider will find a one- piece leather suit called Hypersport, and there are also INTERNATIONAL DEALER NEWS - APRIL/MAY 2019 CE approved gloves (compulsory in France). "Also, the retro line ICON ONE THOUSAND offers a new jacket with matching pants called 'Nightbreed', which will be hard to top in terms of their simplicity. "But the most AIRFORM exciting new product is definitely the new AIRFORM helmet. It takes up the form of the AIRFLITE shell, but it comes with a more classical shield emphasising the aggressive look. The helmet is equipped with an integrated sun shield as standard and the rear spoilers can be easily replaced by different spoilers, for example one with the same mirrored design as the shield". www.partseurope.eu www.rideicon.com www.idnmag.com