Bowling equipment manufacturer QubicaAMF Worldwide is entering a “new era” following the news that the Qubica “legacy partners” have finalised a transaction with Bowlmor AMF to acquire its ownership in the company.
The partners are Roberto Vaioli, Luca Drusiani, Emanuele Govoni, Guido Sorba, Pat Ciniello, Frank Mascadri and Rich Albright.
After nearly a decade since the creation of QubicaAMF, the company will operate under a single private ownership.
Qubica Worldwide was founded in 1993 by Vaioli, Drusiani and Govoni and quickly became one of the largest bowling suppliers in the world. After acquiring the former Mendes company in 2003, the owners of Qubica entered into a 50/50 joint venture with the owners of AMF Bowling products in June 2005 to form QubicaAMF.
In September 2013, the Qubica founders and legacy partners bought the remaining shares from the European private equity fund that co-owned Qubica, giving them 50 per cent ownership of QubicaAMF. A year later, the Qubica legacy partners have now acquired 100 per cent ownership of the company.
Govoni, who will serve as the CEO of QubicaAMF, said: “With this transaction we are going back to our roots and believe we are positioning our company, and the entire bowling industry, for a new era.
“We are extremely honored after 20 years of experience in this great industry, to now have the opportunity to take the legendary AMF brand, along with Qubica, to the next level. Since the inception of Qubica in 1993, we have been incredibly lucky and blessed and are very thankful our journey in the bowling industry will continue for many years to come.”
