# Cytech acquires majority stake in Pasasport

Cytech, an Italian manufacturer of cycling apparel pads, has acquired a majority stake in Pasasport, a manufacturer of gloves and accessories for cycling and other sports. The acquisition aims to expand product offerings and international presence.

- Type: Acquisition
- Announced: 2022-12-05
- Where: Italy
- Status: completed
- Products: cycling apparel pads, gloves, shoe covers, accessories
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [CyTech Group](https://endata.com/companies/54220.md) (acquirer)
- [Pasasport](https://endata.com/companies/67088.md) (target)

## Sources

- [cyclingindustry.news](https://cyclingindustry.news/sportswear-manufacturer-cytech-acquires-pasasport/), 2022-12-05: "The acquisition of Pasasport strengthens and highlights the value of our market leadership; it enables us to offer our clients a wider range of services and products with greater added value."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.