De Hobbyist joins Powersports Distribution Group (PDG)
Breda, Netherlands based Powersports Distribution Group (PDG) has concluded the purchase of the entire share capital of the Hobbyist in the Netherlands. "With this acquisition PDG further strengthens its position of motorcycle parts and accessories in Europe and in the United States".
Tom Beyers, CEO of PDG: "We are
excited to welcome the Hobbyist to the Group and we look forward to
further developing the company with the team at the Hobbyist. Their
extensive assortment, knowledge and experience of parts for BMW
motorcycles will further strengthen our offering."
Els and Kaspar Mulkens, Directors and owners of the Hobbyist added: "We are excited to be joining PDG and look forward to working together with our staff and the PDG team. This a great opportunity for us and will strengthen our service to our existing customers and able us to reach more new customers globally."
Tom Beyers, CEO of PDG, said: "We are excited to welcome the Hobbyist to the Group and we look forward to further developing the company with the team at the Hobbyist. Their extensive assortment, knowledge and experience of parts for BMW motorcycles will further strengthen our offering.
"The acquisition of the Hobbyist is another important step in the further development of the Group - which we are actively and continuously expanding. "
Formed in 1984, the Hobbyist "has become an important global distributor of parts for BMW motorcycles and is mainly active in Europe and in the United States. The Hobbyist has a global reach and an extensive offering that allows customers to find parts for their BMW motorcycle."
The company and warehouse are located in Hunsel in the Netherlands.
The acquisition is the latest in a series of market moves that has PDG build an impressive portfolio of subsidiaries that includes Hoco Parts, Motorcycle Storehouse, DC AFAM and CMS - a leading global distributor of vintage Japanese motorcycle parts.
PDG is majority owned by Torqx Capital Partners in partnership with management and former owners.
www.powersportsdistributiongroup.com
