Royal Enfield acquires UK based design and engineering firm Harris Performance Products Ltd

Tuesday, May 12, 2015

Royal Enfield, a subsidiary of Eicher Motors on Monday acquired UK based Harris Performance Products Ltd, a motorcycle design and engineering firm for an undisclosed amount.

Harris Performance has had a long standing relationship with Royal Enfield and was responsible for the chassis development of the brand's iconic Continental GT cafe racer model.

The company did not disclose the value of the deal.

Explaining the rationale for the acquisition, Siddhartha Lal, CEO Royal Enfield said: "Royal Enfield is working on its new generation of products and platforms; to have the Harris Performance team dedicatedly working with us will clearly enhance our engineering and product design capabilities."

Established over forty years ago by brothers Steve and Lester Harris and Stephen Bayford, Harris Performance is one of the leading experts in designing and manufacturing of specialised high performance motorcycle chassis and components.

Under the terms of the deal, Royal Enfield will acquire all assets, employees, trade names, technical know-how and intellectual property of Harris Performance Products Ltd.

"Their proven expertise, deep insight and understanding of motorcycling and Royal Enfield will be invaluable for us in our journey towards achieving leadership in the global mid-sized motorcycling segment," Siddhartha added.

Alongside successful relationships with the Royal Enfield brand, Harris Performance has been the only manufacturer from UK to have been officially commissioned by Yamaha and Suzuki to design, develop and manufacture race bikes for Grand Prix and World Superbike.

The current staff at Harris Performance will become employees of Royal Enfield. They will be responsible for the performance and development engineering for Enfield's new range of motorcycles.

"They will be part of Royal Enfield's upcoming UK Tech Centre," Siddhartha said.

Steve Harris, Founder, Harris Performance in a statement mentioned his past experience working with Eicher Motors as a technical partner.

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