Private equity takes cycling webshop Bike24 to Frankfurt Stock Exchange

DRESDEN, Germany –The Riverside Company has planned an IPO for one of Europe’s leading cycling, outdoor, fitness and swimming products webshop Bike24 this year. According to a company statement they, “aim to accelerate growth and finance future business development.” Prior to the IPO, The Riverside Company will issue a private placement.
Bike24 wants to expand its international fulfillment infrastructure. – Photo Bike24