Selle Royal, the leading Italian supplier of bike saddles, has mandated UBS to help find a financial partner to accelerate its growth. The company is prepared to review preliminary offers in mid-February. Founded by the Bigolin family 60 years ago, Selle Royal sells saddles and other bike accessories under four different brands. It has factories in Italy, the U.K., China and Brazil. It expects to post Ebitda of €14.6 million on sales of €130 million for 2019.

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