Motorcycle clothing and accessories retailer Hein Gericke has received investment from Gordon Brothers to “strengthen the company’s financial position and support its growth”.
Hein Gericke has 44 stores in the UK, as well as a network throughout the rest of Europe in countries including Germany, Belgium, The Netherlands, and Austria.
The value of the deal with investment and restructuring specialist Gordon Bothers was not disclosed, but funds will partly be used to open new stores.
Hein Gericke’s chief financial officer Achim Wirths said: “We are pleased to announce that Gordon Brothers support our company. We know that Gordon Brothers’ expertise in the retail and consumer goods industry will benefit our business and help us realise the growth we want to see across Europe.”
He added: “We are passionate about motorcycling and providing an excellent service to our customers and our relationship with Gordon Brothers means we can expand this service to more consumers.”