French private equity firm, Activa, takes majority interest in Look Cycle

By Stephen Frothingham

NEVERS, France (BRAIN) — Activa Capital, a mid-market private equity firm, has taken a majority stake in Look Cycle, alongside the brand’s existing owners, Dominique Bergin and Thierry Fournier.

In a press release Thursday, Look said it had annual revenues of about 45 million euros ($50 million) and about 400 employees.

“With the arrival of Activa Capital, Look intends to capitalize on its strong position in Europe to accelerate its growth and its international development, in …read more

Via:: Bicycle Retailer and Industry News