Giant Invests Millions in European Distribution Center
LELYSTAD, the Netherlands – Giant announced today it will invest 13.5 million Euros to establish a new European distribution center in the Netherlands. Just like Giant’s factory which is in operation since 1996, the new distribution center will also be located in Lelystad.
The new distribution center will strengthen Giant’s existing Netherlands production facility by providing distribution, storage and after- sales services to the Pan-European markets and will be especially well-suited to supporting the fast-growing demand for E-bikes. The establishment of this distribution center is expected to create about 100 job opportunities over the next three years. “This illustrates Giant’s commitment in the European market, which plays a key role in Giant’s global strategy,” said Bonnie Tu, Chairperson of the Giant Group.
400,000 Giant annually
Giant currently sells more than 400,000 bikes annually in Europe, including both traditional bicycles and E- bikes. In 1996, Giant invested 30 million NLG to establish its first European production facility in Lelystad, Giant Europe Manufacturing B.V. Today, Giant operates three other companies in the Netherlands, including Gaiwin B.V., Giant Europe B.V. and Giant Benelux B.V. The factory in Lelystad is already fully focused on e-bike production.
Why the Netherlands
“Giant has been operating in the Netherlands for over 30 years. In 1986, Giant decided to bring our own brand to the global market and this path to internationalization began from the Netherlands. The Netherlands was chosen as Giant’s European headquarters because of its geographical location, its well-developed transportation network, and its infrastructure. More importantly, the majority of Dutch are multi-lingual and understand how to do business. These criteria enabled Giant’s expansion to other European markets.”
Dennis Bierman, Executive Director for the Netherlands Foreign Investment Agency (NFIA) in Taiwan comments: “We are delighted to have the world’s leading brand of high quality bicycles and cycling gear expanding its operation in Lelystad, reinforcing its main operation in Europe and the long-term relationship with the Netherlands. The NFIA and partner organizations Flevoland Development Agency (OMFL), the municipality of Lelystad and the province of Flevoland have been assisting Giant in the past years and on this expansion and are looking forward to continuing our support as we want Giant to operate successfully and grow further in Lelystad for many more years to come.”