MVC Group Acquires Stake in Triathlon Brand
The Italian cycling and outdoor apparel company has acquired a 70% stake in U.S.-based Zoot, strengthening its position in the triathlon marketplace here. Zoot joins MVC Group’s portfolio of brands, which includes Sportful, Castelli, and Karpos. Current Zoot CFO, Doug Vargo, will step into the role of CEO for Zoot and MVC U.S. Meanwhile, Shawn O’Shea will become global ... Log in to view full article.
