Motorcycle business: Moteo acquires a stake in the Spanish distributor Vicma

The Belgian importer and distributor Moteo continues its development in Europe through the acquisition of a stake in the capital of Vicma, a Spanish company specializing in the import, manufacture and distribution of parts and accessories for two-wheelers. 

The Belgian importer and distributor Moteo continues its development in Europe by acquiring a stake in the capital of Vicma, a Spanish company specializing in the import, manufacture and distribution of parts and accessories for two-wheelers. 

Moteo and Vicma in brief

With 500 employees and more than 350 brands distributed in Europe, Moteo SA is the motorized two-wheeler division of the Belgian group Alcopa, a huge company (1.6 billion euros in turnover) present in automotive distribution, furniture for office and real estate. Owner of the French giant Bihr, Moteo was also present in France via its subsidiary Re’action, . A major player in distribution in Spain and Portugal, Vicma is for its part a structure founded in 1944. Originally specializing in the production and distribution of spare parts for bicycles, this company based in Totana (South-East of France). Spain) has diversified into motorcycles and scooters and relies on a network of 1,500 dealers. Vicma also has its own mirror production unit, Indespro, which notably supplies original models for manufacturers such as Suzuki, Piaggio and Yamaha..

"Thanks to Vicma, we now have direct access to the important Spanish market for parts and accessories for motorized two-wheelers," said Peter Rask, CEO of Moteo..

“Moreover, after several years of difficult recession, 2015 marks the second consecutive year of the Iberian economy’s rebound. This investment comes at the right time!”

Although still strongly impacted by the crisis, Spain is indeed raising its head after several dark years. In the second quarter, unemployment in the 4th largest economic power in the Euro zone thus stood at 22.37% (still…), down 1.4% compared to 2014. To be compared with the frightening peak of 26.3% recorded in April 2013 in the Iberian Peninsula…

The Spanish two-wheeler market – literally undermined by the crisis – logically takes advantage of this positive signal to regain color. A return to business from which players in the sector such as Moteo, already present in Belgium, the Netherlands, France, Switzerland and Scandinavia, intend to benefit..

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