Breaking news roller booters you’re never going to believe this oses the company that’s been around for according to my calculadora 71 years since 1952 the company that’s been family-owned since 1952 uh thank you Sean for letting me that and I want to give a big thank you
To uh Dave Quist for letting me know that this is even going on because I didn’t I ain’t even know dog but over on mushroom blading they posted a story just for 45 minutes ago so this is like this is this is Big Stuff happening now you’re getting in real time um they
Posted a story of Rosies the leading company in production of skates acquired at auctions so we followed this link but you may have heard of this little company called Rosies again we talked about 1952 um but they made the very first inline skate they made the very first
Composite inline skate in 1978 the achievement is huge blah blah blah in 1981 developing the very first inline skate the mythical skate shell is named Pro P please recycle otherwise we’re going to be angry Pro um so anyway let’s go over to the article now we had to uh
We had to what is it called translate this so it may be a little bit translady but let’s let’s push through this is over on traviso today uh Russ is the lead lead company in the production of skates acquired at auction as we saw new ownership for the historic Mona Beuna
Okay I thought this was going to let me do this I guess it’s not let’s just read how about that new ownership for the historic monaya company founded by atorino and Lena cavasin I’m sure I’m berching that in 1952 after the 2020 composition with creditors russes was acquired at auction
In recent Days by Venice sport production has never stopped St production we never stopped production Flavio Alberti president of Venice sport with the ilas sosen velons Watermelons okay Venice sport saves and relaunches through a restart up operation Russ’s srl a historic dude it was letting me highlight this before the
Before I started filming a historic brand from Mana Beuna known throughout the world for production of Vine skates quad skates ice skates idea boots and fun Sports Safety and Security products protection in skating again a little bit Lost in Translation here uh through an auction offer which en envisaged I don’t
Know that word the acquisition of the business branch in the real estate part the V Network group cluster acquired the Venetian company and Consolidated its presence in sports system the monab baluna I’m going to say monab baluna company founded in 1952 from uh from an intuition of otorino and lenina cavas
Quickly established itself uh on the market for the production of trkking shoes thank thanks to its solid manufacturing experience in 1978 it launched the first injected ice skate from that moment on significant growth uh began which led the brand to become a significant player in the industrial
Skate sector the production in Italy of the well-known rollerblades is due precisely to roses who starting from 1981 with a strong investment in research and development created the first inline roller skates in the following years the company also began to produce Safety products for urban Mobility becoming one of the best known
Brands in the sports SE sector with high technicality in recent years due the due to the contraction so here we go in recent years due to the contraction of the market the increase in cost of raw materials and the post-pandemic crisis the company has entered into serious difficulty today thanks to this
Acquisition worth 3, 313,000 so 3.3 million EUR Rosies has the opportunity to relaunch itself while maintaining the entire Workforce and the historic production site un unchanged ched so just real quick they’re they’re what do they say maintaining the entire Workforce and maintaining their production site so key
Point there in line with the strategy of the V Network group led by Alberto baban the current management will continue to support the relaunch of the company by focusing on the enhancement of skills and strong Innovation rapael pandina an entrepreneur so this is this is important too because you know I think
My first thought is oh great Rosies is getting acquired by some faceless company that doesn’t care about inline skating they care about profits and margins and whatever which I’m sure they do but if we look here if we look here this is good news at least from what I
Can tell starting right here I’m not going to hover because it does crazy stuff I guess it still does Raphael prandina an entrepreneur with over 20 years of experience in the outdoor skates and Footwear sector will be the CEO supported by Flavio berti as president of Venice Sport and by the
Many local entrepreneurs who are who are part of the network so Rosies going through bad times um during Co the market Contracting um they were forced to auction here they were acquired by Venice sport this sort of acquisition company or whatever overarching umbrella company whatever um and they’re keeping all their
Management in place they’re keeping their production pH facility in place and the CEO has 20 years of outdoor skates and Footwear 20 years of experience in the outdoor skates and Footwear sector so I would say that’s a good thing okay nice picture of some m12s here the acquisition the acquisition of
Russes represents so these are the comments the acquisition of russes represents a great opportunity for us to relaunch a brand that has made history in the sector not only of skates but of the sports system in general comments Flavio Albert president of Venice Port our objective is to strengthen ourselves
As a reference cluster I don’t really know what a reference cluster is uh in the hard goods and Sport Footwear sector by aggregating the Excellence of the Montuna and I said I was going to say it monaluna monaluna and a solo District characterized by high quality craftsmanship and knowhow of distinctive
And difficult to reproduce manufacturing skills this acquisition this acquisition uh will not only I’m kind of skipping the other stuff this acquisition will not only allow rosis to keep its glorious industrial history intact but will allow our Venice sport cluster cons to consolidate itself in hard Goods at a crucial moment with the
Upcoming Milan Cortina 2026 Olympics exploiting the synergies between our subsid subsidiaries the World Market in the outdoor sector is rapidly expanding and the thento region will play an important role thanks to its technological knowhow combined with high quality crafts ship okay so there was kind of some rumors about this uh I
Don’t know I feel like over the last couple years that is Ros for sale is Rosie struggling you know what’s going on with the Scot fagos and here you go man like two days ago whatever it was like yeah like two days ago Rosy’s acquired at auction by Venice sport
They’re keeping everything in in place they’re keeping all the people in place production sounds like they’re not fundamentally changing anything they might tweak the business model you know the CEO has 20 years of experience in outdoor footwear and skating uh which I think is a good thing
So I don’t know maybe this is a little bit of a nothing Burger maybe it’s a big deal maybe we’ll see foundational fundamental changes but from what I can tell here it looks like they’re just Acquired and they’re going to tweak it I don’t see any like
Massive changes coming but I could be absolutely wrong please let me know down in the comments what you think this means for the future of OS scario so anyway thanks again Dave Quist for uh keing me in on this I appreciate it and if you enjoy the video make sure to give
It a thumbs up consider subscribing I’ll see you on the next video take care
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