SCOTT Sports, the global multisport brand based in Givisiez, Switzerland, and Tecnica Group, a leading sports footwear and equipment company based in Giavera del Montello, Ital,y have signed a preliminary agreement for the takeover of Tecnica Group’s Dolomite division.
Italian outdoor company Dolomite was first established as a mountaineering footwear brand in 1897. After acquiring the brand in 1998, Tecnica Group repositioned Dolomite in the ‘Italian-style functional sportswear segment’ and has reportedly succeeded in ensuring the brand’s constant growth.
With a focus on outdoor shoes and apparel, Dolomite has increased its activities into lifestyle wear and has opportunities to explore in the disciplines of trail running and off-road footwear/apparel.
Over the past five financial years, Dolomite has multiplied its revenues and stores footprint, ultimately reaching the €18m forecast for 2015 (of which over 60% has been generated outside of Italy) through a network of more than 1,500 clients.
According to SCOTT, Dolomite’s operations fall within SCOTT´s strategy of developing long-established brands with a strong international reputation. The Dolomite takeover is seen as an investment in the brand’s ‘great potential and a sign of recognition of the Montebelluna cluster’s know-how and professional competence.’ The acquisition of Dolomite also expands SCOTT`s footwear expertise.
“I’m very happy to carry through this operation, thanks to the help of Alberto and Giancarlo Zanatta who believed in SCOTT Sports and its ability to further develop the Dolomite brand worldwide while safeguarding the latter’s identity and origins,” said Beat Zaugg, CEO of SCOTT Sports.
“SCOTT Sports rises to this challenge with great enthusiasm and we’re convinced we have all the conditions for success.”
SCOTT Sports is an international sports brand – developing and distributing Bike, Winter, Running and Motosport products. R&D, Sales and Marketing are managed from the SCOTT Headquarters in Givisiez, Switzerland.
SCOTT employs more than 700 people worldwide and sells products in more than 80 countries.
www.scott-sports.com
www.dolomite.it
