Simpson Performance Acquires Stilo

Simpson Performance Products Inc. has acquired Stilo S.r.l. ("Stilo"), an Italian auto racing helmet manufacturer.

Founded in 1999 by Ludovico Fassitelli and Elena Perini and headquartered in Pedrengo, Italy, Stilo is one of the industry's leading manufacturers and designers of helmets and helmet communications systems for global motorsports.

"We have continuously strived to evolve and improve our business by expanding with brands that produce high-quality product to improve racing safety," said Chuck Davies, CEO of Simpson. "The Stilo acquisition accelerates the growth of Simpson by adding another great brand to the portfolio and expanding our presence in Europe.

Further, we are excited that the combination of Simpson and Stilo will enhance future product advancements through knowledge sharing and other collaboration."

Stilo will continue to be based in Pedrengo, Italy and will operate under its current management team led by Guglielmo Belotti and founders Fassitelli and Perini who will continue to support and lead development and marketing activities.

"This is a great opportunity for Stilo. To be a part of such an important group in motorsports can only result in greater momentum for Stilo's growth. We are proud to continue working as before to achieve new goals," said Stilo founders Ludovico Fassitelli and Elena Perini.

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