Govecs Group Acquires Elmoto

MUNICH, Germany – Govecs Group GmbH, which claims to be “The leading manufacturer of electric scooters in Europe”, has bought all assets of the Elmoto e-lightweight motorcycle brand from ID-Bike GmbH. Next to all operations, Munich-based Govecs Group also takes-over the entire Elmoto workforce. The ID-Bike HQ in Stuttgart will be upgraded to become another ‘touch point’ for all Govecs brands.