Dow Schofield Watts advised Dylan Brown and Anna Lena Eriksson on their management buyout. After 30 years’ service, Yrjö Vesterinen and Diane Vesterinen are handing over the reins to the younger couple, with over 40 years’ experience between them.
Yrjö ‘Vesty’ Vesterinen, who started the company along with his wife Diane from small beginnings in Guildford back in 1984, manufactured clothing under the Apico brand for Trials and Motocross riders in the UK and afar.
This has developed into a huge operation in off-road, now importing hard parts under the Apico and Raceline brands. Operating from a 25,000 sq ft warehouse and office facility in Burnley with 24 staff and also managing the UK distribution for some 60 plus brands including Arai, Polisport, Leatt, Twin Air, ANSR, MSR, Hinson, Boyesen, Pro Taper and many more.
Dylan Brown: “Both Anna and I have been given a fantastic opportunity in continuing to take the company forward and we both look forward to these exciting times ahead. Vesty UK has always traded with the same principles and this will continue to be the key to our growth and success.”
Anna Lena Eriksson: “We feel very privileged and honoured to have been given the opportunity to continue building on the legacy that Yrjö and Diane have created over the years. Generally not much will change in the way the company will operate. A good customer service is key to the business and will always continue to be.“