Investment group unveils plans after take-over of bankrupt Sachsenring Bike Manufaktur

SANGERHAUSEN, Germany – While the agreement to acquire the insolvent bicycle manufacturer Sachsenring Bike Manufaktur GmbH had already been concluded in mid-February, the new owner Zweirad Union E-Mobility announced their vision of the factory’s future for the first time yesterday.
Zweirad Union COO Jens Mensing (l.) and Managing Director Tao Wang. – Photo Zweirad Union