MVC Group Acquires Backpack Maker
The Italian cycling and outdoor apparel company has acquired technical bikepacking brand Tailfin as it targets €150 million ($174.4 mm) in revenues by 2028. Terms of the transaction were not disclosed. Over the past five years, Tailfin recorded a revenue CAGR of around 50%, reaching nearly €10 million ($11.7 mm) in revenues last year, with ... Log in to view full article.
