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What is the next phase of mergers and acquisitions in the global cycling industry?

AMSTERDAM, the Netherlands - Like many industries the global cycling industry has experienced different waves of mergers and acquisitions activity driven by different objectives of the buyers and sellers. Today both conventional and electric bikes are experiencing a new growth phase due to the Covid-19 crisis. With it will come accelerated interest from within the industry and outside of it from both financial and strategic buyers.
Larger players from the transportation sector, especially in Europe could be tempted to acquire one of these larger brands. – Photo Shutterstock