The Marzocchi group has been sold to Tenneca, a U.S. suspension firm based in Lake Forest, Illinois.
The sale was announced on September 1. Tenneca completed the purchase by taking over the Bologna company’s $15 million debt.
Tenneca owns the Monroe shock absorber company and other firms in the automotive components business.
They say they’ll use Marzocchi to offer a complete suspension product to motorcyclists. "This purchase brings together strong brands, leading products and advanced technology capabilities that allow us to provide customers with integrated suspension systems, including suspension forks, shock absorbers and elastomers, for motorcycles and other applications," said Tenneco president Hari Nair.
Tenneco will lease Marzocchi’s manufacturing plant in Bologna and will operate the Italian firm’s sales and service operations in Canada and the U.S.
Marzocchi supplies suspension components to BMW, Ducati, Harley-Davidson, MV Agusta, Piaggio, and others.
