F.I.V. Edoardo Bianchi Spa has bought 'a significant minority stake' in its Australian distributor, Sport Outdoor Leisure Australia Pty Ltd (SOLA).
"The combination of Bianchi's Italian design and technology with Sola's experience and existing infrastructures will strengthen Bianchi's market share and relationship with the final consumer," Bianchi said in a statement.
Salvatore Grimaldi, the Founder and CEO of the Grimaldi Industri AB and chairman of Bianchi, is visiting Sydney to sign the agreement.
