High-end cycling brand Rapha has been sold to the Walmart heirs for £200m
Friday 11th August 2017
Premium cycling brand Rapha has been snapped up by two grandsons of Walmart founder Sam Walton.
RZC Investments, set up by Steuart and Tom Walton, today emerged victorious in the £200m race to buy the trendy cycling brand.
The investment vehicle pipped former Weightwatcher-backer Invus and Italian Aston Martin shareholder Investindustrial to the deal.