An settlement has been reached whereby the French spare parts and merchandise retailer, Bihr, will likely be acquired by a brand new proprietor.
Bihr was based virtually 50 years in the past within the Haut-Rhin area of France. It has since gone onto turn out to be one of the crucial recognizable names within the motorbike trade.
From beginning out as a easy restore store, Bihr now sells virtually all the pieces a bike fanatic might need to discover, from spare parts for his or her motorbike to helmets and leathers to maintain them secure whereas out driving.
Alcopa, the present house owners of Bihr, has overseen the final 12 years of Bihr’s journey. However, now it can promote, as Arrowhead Engineered Merchandise has reached an settlement with Alcopa which is able to see the previous purchase 100% of Bihr’s capital, based on Le Repaire des Motards.
The deal is not going to be finalized and accomplished till the third quarter of 2022, as authorization from the related authorities should nonetheless be obtained. However, that is nothing uncommon.
Le Repaire des Motards stories that Bihr’s new house owners will look to take the French model onto extra of a world platform, increasing the variety of manufacturers that may promote by Bihr, in addition to the variety of territories the place Bihr is energetic. At the moment, that quantity stands at 20.
The information of Bihr’s sale comes simply a few weeks after the announcement that Fox Racing had been bought for $540 million. The numbers behind the acquisition of Bihr by Arrowhead – other than the 100% capital acquisition – are as but unclear, however absolutely the excessive profile gross sales of two main motorcycling manufacturers is an effective signal for the trade.