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Selle San Marco and Selle Italia to 'consolidate'

Published February 3, 2016

ROSSANO VENETO, Italy (BRAIN) — The Bigolin family, which owns the Selle Italia saddle brand, now also has an interest in the Selle San Marco brand, the companies announced this week.

Giuseppe Bigolin will be "the main point of contact also for the future governance of the Selle San Marco brand and will bring together the two oldest and most famous brands in the history of Italian cycling in order to benefit from a high level of industrial synergy," read a statement from Selle Italia.

The statement said the two brands will continue to operate independently but will cooperate on R&D and their supply chain.

"This significant partnership will keep the two historic prestigious companies at the top of the most important peaks in the scene of world cycling," Selle Italia said.

Selle Italia dates to 1897; the Bigolin family took it over in the 1970s. Selle San Marco was established in Rossano Veneto in 1935 by Luigi Girardi.

Topics associated with this article: Mergers, Acquisitions & Investments