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Ming Cycles Steps into Folding Bikes

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TAICHUNG, Taiwan – The company that is said to be the second biggest in global bicycle production with an annual output of over 4 million units, Ming Cycles, has added a new brand to its already vast product range. Ming Cycles is venturing out into the folding bike market with the acquisition of

Ming Cycles Steps into Folding Bikes
Bike Europe Strida Ming Cycles

TAICHUNG, Taiwan – The company that is said to be the second biggest in global bicycle production with an annual output of over 4 million units, Ming Cycles, has added a new brand to its already vast product range. Ming Cycles is venturing out into the folding bike market with the acquisition of Strida.

This design award winning folding bike has just seen the launch of its next version, the Strida 5. After reviving Strida and instigating the modern line of Strida3 onwards, owner Steedman has decided to pull out of the bicycle business.

 

New Distribution in UK

The new owner of Strida, Ming Cycles currently produces 4 million units annually and is distributed globally, everywhere except for the UK. From 1 March the UK distribution will be set up via Strida BV, the Netherlands.

Strida sales used to be exclusively through the Internet. End of February however, a selected group of dealers started with the sale and service of Strida bikes to UK customers. One of the benefits of creating these new outlets is the opportunity for customers to test-ride their Strida folding bike before purchasing it.

Next to this, Strida BV plans to appoint flagship-stores that sell the complete Strida product line, including all models, accessories and novelties. Strida BV’s corporate headquarters in the Netherlands will continue the existing service and shipping terms. “The level of service and ease of doing business will be upgraded to a much higher level”, says Ties Carlier, co-owner of Strida BV.

All existing business affairs of Strida Ltd. Has officially ended on 1 March.

 

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