Aston Martin investor shows interest in Rapha
25/07/2017
Invus Group, which previously owned nutrition and dieting brand Weightwatchers, is reported to be the frontrunner in the race to acquire the brand, which was founded in 2004.
The other interested party is said to be Investindustrial, an Italian private equity firm and important shareholder in automotive brand Aston Martin.
The reports suggested that other private equity firms that had previously shown an interest in Rapha, including Advent International and TPG, had withdrawn from the bidding process due to what they perceived as an excessively high asking price.
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