Investment in internationalization and product innovation +++
Perusa creates ideal framework for international competition +++
Schuberth perfect addition to Perusa portfolio
MAGDEBURG, GERMANY – September 18, 2013 – Perusa Partners (www.perusafund.gg & www.perusa.de)
has acquired the majority stake in the German helmet manufacturer
Schuberth Holding GmbH and its subsidiaries (Schuberth Group). The
premium manufacturer from Germany specializes in the development and
production of motorcycle helmets as well as helmets for industrial
safety, fire fighters, police and military. Since 2000, Schuberth has
also been developing high-performance helmets for Formula 1, IndyCar and
NASCAR. The former owner, an affiliate of the Susquehanna International
Group, LLP (www.sig.com) of Bala Cynwyd, PA, USA, retains a minority stake in Schuberth.
Schuberth is perfectly suited for the Perusa portfolio approach.
“Schuberth is a technologically strong company with a long history in
head protection,” explains Dr. Hanno Schmidt-Gothan, Managing Director
of Perusa GmbH. “We believe that the Perusa approach of active
involvement in the growth and development of portfolio companies will
benefit Schuberth in every way – from internationalization and
innovation to productivity improvements and financing structure.”
Founded in 1922, the well-established German company has been
considered a technology leader for decades and continually
revolutionizes the helmet market with new innovations. The new owners
intend to maintain this successful corporate vision and drive
internationalization forward.
“Thanks to our innovation strength, we have developed Schuberth into
one of Europe’s strongest helmet brands over the last few decades. With
Perusa, we now have the ideal partner at our side to be able to keep
investing in research and development for our products and expand our
technological competitive edge. That will help us to increase our
potential further, particularly in international markets,” said Marcel
Lejeune, CEO of the Schuberth GmbH.
To ensure that the company will be able to consolidate its position
successfully in international competition in the future, Schuberth will
continue to rely on the drivers of its success such as “German
Engineering” and safety technology “Made in Germany”.
This will also
include further optimization of the ultra-modern production processes.
“To be able to prevail in international competition as a German company,
particularly when up against mass production in Asian low-wage
countries, requires absolutely top-class quality. In this respect
Schuberth occupies a unique key position. In collaboration with Perusa,
we are now creating a stable framework that will enable us to implement
our long-term growth strategy rigorously,” said Peter Heine, COO at
Schuberth GmbH, explaining one of the crucial opportunities that the
participation of Perusa Partners provides.
Schuberth North America Vice President, Randy Northrup added, “This
is exciting news for Schuberth North America and our customers. “German
Engineering” and safety technology “Made in Germany” have been and will
remain the reasons for our success in North America.With Perusa driving
investment into research and development, the expansion of our
technological competitive edge, and optimizing production processes, we
look forward to providing customers with the superior products and
faster deliveries.”
Schuberth GmbH: High-tech Made in Germany
The German helmet manufacturer Schuberth has been developing and
producing high-end head protection systems for over 90 years. With a
multitude of innovative products, the company ranks among the world’s
leading manufacturers of motorcycle, Formula 1 and motor sport helmets
as well as head protection for innovative solutions in industrial
safety, fire fighting, the police and the military. The experience
gained in particular from Formula 1, the pinnacle of motor sports,
constantly provides fresh impetus for product developments that set the
benchmark for head protection systems.
Schuberth North America
In 2010, Schuberth GmbH opened the North American sister office in
Aliso Viejo, California and continues to grow its exclusive dealer
network for motorcycle products in the U.S. and Canada. Additional
business segments work directly with law enforcement departments on the
motor officer and crowd control products and with IndyCar and NASCAR
teams on the auto racing helmets.
By press release
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