Moustache E-Bike Manufacturer Welcomes New Shareholder

PARIS, France –French e-bike manufacturer Moustache Bikes announces the sale of 55 percent of its shares to LBO France. This private equity company took over all the Moustache shares that were owned by Initiative & Finance, an investment fund that participated in Moustache Bikes since 2015.
Moustache Bikes generated 30 percent growth in revenue to 50 million euro in 2018. – Photo Isabelle Leboeuf