3T gains investor to support international growth and manufacturing

3T has gained a financial partner in UTurn Investments, an independent family office founded by Gianpiero Peron, Luca Mongodi and Alberto Nicoli.

The funds have been earmarked to support 3T in its international expansion vision, with the company remaining under the guidance of René Wiertz and Gérard Vroomen, but with the addition of Luca Mongodi of UTurn, who will also become involved in the operational and strategic management of the company.

The 3T brand, founded in 1961 with the production of bicycle components (handlebars, stems, seat posts, wheels and forks), has global appeal and operations in Italy, Taiwan and North America. René Wiertz and Gérard Vroomen came on board with 3T in 2007 and 2015, respectively, adding veteran bike industry experience to a brand that was already a popular finishing kit choice. René Wiertz later acquired the brand in 2017.

At present the business has a turnover of €20 million with…

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