Hero Acquires Bike Maker MIFA

SANGERHAUSEN, Germany – The future of troubled German bicycle and e-bike manufacturer MIFA looks much brighter as OPM Global BV, a subsidiary of Hero Cycles Ltd., has entered into a general commitment as part of an investment agreement.
OPM Global BV, a subsidiary of Hero Cycles Ltd., is acquiring a 47% stake in MIFA. – Photo MIFA