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DUTCH BIKE TRADE EMPIRE BUILDS

Netherlands-based Powersports Distribution Group (PDG) has yet another string to its bow, following the purchase of Consolidated Motor Spares (CMS) by PDG parent Torqx Capital Partners for an undisclosed sum. PDG’s growing stable of distributors and suppliers specialising in motorcycle components already includes Hoco Parts, Motoria, DC-Afam and Rino Parts.

CMS has a worldwide reputation for so-called “new old stock”, buying legacy OEM motorcycle parts inventory for obsolete models from manufacturers or distributors and then selling to collectors and restorers. To raise its profile in recent years among bike enthusiasts, CMS has sponsored various race teams and riders — such as Cal Crutchlow in MotoGP and five-times WSBK champion Jonathan Rea.

Erstwhile CMS owner Mike Buttinger has become a minority shareholder in PDG and senior advisor, a similar relationship to that of David O’Neill at Hoco Parts. PDG says it will support the CMS management team, led by Roald Van Zandwijk, “in realising their growth plans to further develop CMS as a leading global distributor of vintage motorcycle parts, and as a preferred and trusted partner for its customers, suppliers and employees.”

Cedric De Dycker of private equity investor Torqx Capital Partners added: “The acquisition of CMS creates a third pillar within PDG. CMS is a strong brand within the motorcycle community and a state-of-the-art digital sales platform with a unique motorcycle and spare parts database. It will enable PDG to expand further into neighbouring products, customers and regions.”

PDG and Torqx have also indicated that more acquisitions will be announced in the coming weeks.

 

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