U-Turn Investments MD becomes new 3T CEO

3T has announced that Luca Mongodi, managing partner of U-Turn Investments, and Managing Director of the group, will step in as 3T group CEO.

This move sees René Wiertz, the CEO of 3T, stepping down after a remarkable 16-year tenure that has seen the company evolve from a respected parts manufacturer to the industry’s thought leader in premium gravel bikes with in house production in Italy.

René Wiertz shared his thoughts on his departure: “My time at 3T has been an incredible journey. I’m incredibly proud of what we’ve achieved over the years, from our innovative products to our strategic shift towards gravel biking and in house manufacturing. I am confident that 3T is poised for an exciting future.”

Luca Mongodi is a partner of U-Turn Investments, who led the acquisition of the group in 2022. The announcement highlights that Mongodi comes from a strong entrepreneurial background, with international experience.

U-Turn Investments is described as an independent family office (which) provides strategic and financial consultancy to families with significant financial, real estate and industrial assets.

In sharing the news, U-Turn Investments comment: “We are excited to be part of 3T family and to have the possibility to continue this journey with this incredible team. We are confident we will reach new heights together”.

In the UK, 3T is now supported by Adaptive DCS, who have been appointment as the UK sales representative.