The Ronal Group has announced the sale of its subsidiary Speedline S.r.l. (Tabina, Italy) was legally completed. Photo: Piotr Zajda
The Ronal Group has completed the sale of its subsidiary Speedline S.r.l. (Tabina, Italy) was legally completed. The sale includes the “Speedline” and “Speedline Corse” brands. Speedline is being taken over by the German private equity fund Callista, based in Munich. The seller and buyer have agreed not to disclose details of the transaction.
The Ronal Group is therefore no longer responsible for the previous and future business of the two brands “Speedline Corse” and “Speedline”. This includes orders for rims and accessories as well as inquiries about stock levels, purchase prices, homologation certificates, technical information, etc.
Speedline S.r.l. will continue. the activities in Tabina for the premium OEMs, the Speedline Corse aftermarket and the racing segment. The Ronal Group will become its new company Ronal Italia Services S.r.l. will continue its support activities for the Italian market as well as group-wide activities. The new company will remain based in Tabina.
Oliver Brauner, CEO of the Ronal Group, is satisfied with the result of “the intensive negotiations with all parties involved, which, in addition to Callista, also include Italian representatives from politics and trade unions. I would like to thank everyone involved for the constructive, ultimately successful process, which secures the future of Speedline."
Both the company and the trademark rights of “Speedline Truck” remain completely with the Ronal Group. In order to avoid any irritation between the customer groups of Speedline / Speedline Corse and Speedline Truck, the Ronal Group and the Callista group of companies undertake not to enter each other's respective business areas under the existing name and brand registrations.
“We look forward to future collaboration with everyone involved in order to accompany the traditional company Speedline on its way to previous successes. Our clear goal is to become the leading manufacturer of aluminum wheels for the supersport segment and thus remain a trustworthy partner of premium OEMs. We understand the challenges that need to be overcome and are ready to address them together with those on the ground," said Christopher Irion, Chief Investment Officer of Callista.