Ryde: Dutch Bicycle Giant Acquires Italian DRC to Expand European Market

Deal News | Jul 08, 2025 | Legal Community Italy

Ryde: Dutch Bicycle Giant Acquires Italian DRC to Expand European Market

Ryde B.V., a Dutch company affiliated with the multinational group Sapim, has acquired a majority stake in D.R.C., an Italian firm renowned for producing high-performance bicycle rims for over 30 years. This acquisition is pivotal for Ryde as it enhances its presence in the European cycling market, particularly by expanding its portfolio of performance rims characterized by innovative elements. Casa & Associati led Ryde’s legal counsel, with M&A specialists Paolo Menarin and Valentino Durante at the helm, supported by senior associate Michele Pertile and trainee Alessandro Macchion. In terms of due diligence, Ryde enlisted Experta Audit and 110Advisory for financial aspects. D.R.C. was supported by Studio Bonaiti e Associati on legal matters and Studio Corno on fiscal and employment issues. Amaury de Cordes, managing director at Sapim, expressed pride in welcoming DRC into the Ryde family, acknowledging the synergy between DRC's passion for cycling and Ryde’s strategic objectives.

Sectors

  • Bicycle Manufacturing
  • Private Equity and M&A

Geography

  • Italy – D.R.C., the target company, is located in Italy, making it a critical geography for this acquisition.
  • Netherlands – Ryde B.V., the acquiring company, is a Dutch entity, highlighting the cross-border nature of this transaction.
  • Europe – The transaction is significant for the European cycling market, indicating consolidation and strategic expansion within this geography.

Industry

  • Bicycle Manufacturing – The article discusses Ryde B.V.'s acquisition of D.R.C., both key players in the bicycle rim manufacturing sector, indicating growth and consolidation within this industry.
  • Private Equity and M&A – The acquisition of D.R.C. by Ryde B.V. involves M&A activity, with advisory roles played by various firms, a common practice in the private equity sector.

Financials

    Participants

    NameRoleTypeDescription
    Ryde B.V.AcquirerCompanyA Dutch bicycle rim manufacturing company, part of the multinational group Sapim, seeking to expand its European market presence through strategic acquisitions.
    D.R.C.Target CompanyCompanyAn Italian company with over 30 years of experience in producing high-performance bicycle rims.
    Casa & AssociatiLegal AdvisorCompanyA legal firm advising Ryde B.V. on corporate and cross-border matters related to the acquisition.
    Experta AuditDue Diligence AdvisorCompanyAssisted Ryde with due diligence, ensuring all necessary checks were completed before the acquisition.
    110AdvisoryFinancial AdvisorCompanyProvided financial advisory services to Ryde B.V. during the acquisition process.
    Studio Bonaiti e AssociatiLegal Advisor to D.R.C.CompanyProvided corporate legal support to D.R.C. during the acquisition.
    Studio CornoFiscal and Labor Advisor to D.R.C.CompanyAdvised D.R.C. on fiscal and employment law matters during the acquisition.
    Amaury de CordesManaging DirectorPersonManaging director of Sapim, provided commentary about Ryde's strategic acquisition.