LeoVince to survive... for now

[yevjenko]

Maybe old news, so apologies if I'm reposting but I didn't see it elsewhere

Leo Vince (and SITO Gruppo) partners with Adler

LeoVince USA Specialized Products Distribution is pleased to announce that The Adler Group has entered into a new strategic partnership with Promet Sp.Zo.o., a longtime manufacturer of LeoVince and Sito exhausts and components.

Utilizing the strength of their shared resources and experience (more than fifty years in Powersports for each company), Adler and LeoVince will work toward a new common goal: to strengthen the presence of each company in the motorcycle sector and to continue to manufacture and offer high quality, innovative products.

"I have been in constant communication with LeoVince management throughout the reorganization process, and they feel that the most challenging elements of this transition are behind them,” states Tim Calhoun, President of Specialized Products Distribution. “With today’s announcement of the partnership between Adler and LeoVince, I believe it represents an important step forward for the LeoVince family of brands. Sharing their resources should expedite all processes necessary to return to full production.”

Calhoun continues, “This partnership is a solid sign to the Powersports industry that the LeoVince family of brands will continue to thrive in the market. There are great synergies between these two companies that I believe offer a realistic solution to face down the problems and challenges the current European and global market have presented.”

With this agreement in place, there is a clear strategy: Adler will support the present and future development of the LeoVince and Sito family of products to increase the presence of these brands in the global market. Adler will work in conjunction with LeoVince to inject three key components: strengthen the Italian R&D and design departments of LeoVince, modernize the Promet Polish industrial manufacturing facilities (production will remain in Poland), and streamline Promet’s processes according to modern production methods.

“It’s a very big challenge, but the potential of this project is enormous and it deserves all our trust,” said Alfio Morone, president and CEO of Adler S.p.A. “I believe that the synergy between these two Italian companies, both leaders in the powersports market, is an incredibly powerful strategy. We’re sharing passion, tradition, and experience, and we both have a strong desire to face new challenges, including those created by the current issues we face globally in our sector.”

Adler S.p.A. is recognized as a leader in the development and production of OEM motorcycle components. They specialize in designing and manufacturing OEM parts including clutches, variable speed drives, gears, gearshifts, rubber/metal components and transmission components for motorcycle manufacturers such as BMW, Ducati, KTM and Piaggio. Adler has also developed the after-market brand ADIGE® to provide a wide range of premium aftermarket replacement products, such as slipper clutches and brake components.

For more information about Adler Motorcycle Components, visit www.adler.it. For more information about LeoVince products, visit the LeoVince USA website at www.leovinceusa.com. To keep up with the latest product and racing news from LeoVince USA, be sure to like them on Facebook at www.facebook.com/leovinceusa.

stolen from http://www.motorcycle-usa.com/2/1807...ce---Sito.aspx

[yevjenko]

And here is the release from the Adler. Seems to be driven by the actual exhaust manufacturer Promet in Poland, rather than the R&D team at SITO Gruppo in Italy, although they are saying that they will invest in SITO's Italian operations.

LeoVince announced the partnership between Promet sp zoo and the Adler Group.

Joint Communication Adler-Promet

We are glad to announce the partnership between Promet sp zoo and the Adler Group.

Adler Spa, a primary Italian manufacturer of motorcycle components, will support the future development of the brand LeoVince and Sito. For more than 15 years Promet has been the manufacturing company responsible of the entire production of all the product range of Sito Spa. Adler and Promet will continue to serve the international markets with LeoVince and Sito products.

This will guarantee the continuation of industrial operations with a number of improvements : the objective is to boost the international presence of the brand by implementing the research and development and reactivating production at full speed.



STRATEGIC PARTNERSHIP : Adler S.p.A. - Promet Sp.Z.o.o.

The Adler Group is glad to announce its strategic partnership with Promet Sp.Zo.o, manufacturer of SITO and LeoVince silencers since 15 years.

Exclusive news for the motorbike world!

Two Italian companies, strong leaders in their field, have joined their forces to successfully face the present market scenario.

How? Combining passion, ideas and new technologies, addressing their own resources and know-how gained in more than fifty years of experience, to a new common goal: to strengthen their presence in the motorcycle market, offering products historically known for their high quality, performance and reliability.

Adler S.p.A., leader in first equipment of motorcycle components, is an Italian Company of international feel, specialized in designing, manufacturing and sales of clutches, variable speed drives, gears, gearshifts, rubber/metal products and transmission components for the main motorcycle manufacturers, as BMW, DUCATI, KTM, PIAGGIO.

Over the years, the company has developed the brand after-market ADIGE® that includes a wide range of products which are perfectly compatible with the original.

Adler always tried to take contacts with Italian Companies, with cooperation ventures to create a vast assortment for the consumers: the contacts with LeoVince is a great example of this.
The agreements with this company producing exhaust systems, well known in the international after-market with their brands LeoVince and SITO, is a strong signal of continuity for this products: the synergy between these two realities is an important answer to the new challenges imposed by the global market.

The strategy is clear: Adler will support the present and future development of the LeoVince brand and website to increase the presence of these brands in the international motorcycle market.
Adler together with Promet will strengthen the Italian research and development department of Sito and Leovince, modernize the Polish industrial manufacturing facilities (keeping the production in Poland ), and reorganize it according to new methods of production.

"It’s a big challenge, but the project is full of potential and it deserves all our trust", said Alfio Morone, president and CEO of Adler S.p.A., "I believe that the synergy between the two Italian industries, both leaders in the same market, can be a really good strategy. We’re sharing passion, tradition, experience and a strong desire to face new challenges, including those created by the crisis in this sector. We look for solutions and we offer proposals: this is our answer and our new starting point”.


ADLER & LEOVINCE PRESS RELEASE 05/03/2014