Royal Enfield buys Harris Performance
It has been announced today that Royal Enfield has acquired UK based, sports product specialist, Harris Performance.
Harris have a long relationship with Royal Enfield and were responsible for the chassis/frame development of the firm's latest Contitental GT. Alongside successful relationships with the Royal Enfield brand, Harris Performance are also the only manufacturer from the UK to have been officially commissioned by Yamaha and Suzuki to design, develop and manufacture race bikes for Grand Prix and World Superbike.
It is understood by MCN that the terms of the deal ensure that Royal Enfield acquire all assets, employees, trade names, technical know-how and intellectual property of Harris Performance Products Ltd.
Siddhartha Lal, CEO of Royal Enfield confirmed the deal this afternoon, saying 'All of the current staff at Harris Performance will now become employees of Royal Enfield, taking responsibility of performance and development engineering for our new range of motorcycles. They will be part of Royal Enfield’s upcoming UK Tech Centre'.
'We have spent the best part of a decade working with Royal Enfield on projects like the Continental GT', he continued, 'and we have complimentary capabilities. The Midlands of the United Kingdom and Harris Performance are a hub of engineering expertise and this will be of advantage to Royal Enfield.'
Speaking of their association with Royal Enfield, Steve Harris, Founder of Harris Performance said: 'Having worked with Royal Enfield for a number of years as a Technical Partner, we have experienced first-hand their capability, commitment, and ambition for their motorcycles and accessories. We are proud to be integrated into the family, the founders and staff of Harris Performance look forward contributing to Royal Enfield’s continued success'.