Jan-Willem van Schaik

NIEUW VENNEP, the Netherlands - Investment company, Korys, of the Belgian Colruyt family has taken a minority share in the Dutch bicycle builder, Santos. The investment should help Santos in its international expansion. Founder Robbert Rutgrink remains CEO of Santos, and Robert Vaneman remains financial director.

TAIPEI, Taiwan - Oxo-Pro was born out of the idea of combining European design and product development with Asian effectiveness and networking. "We want to produce our grips where our customers assemble the final product," explains Ronny Höglund, founder of Oxo-Pro.

THAON LES VOSGES, France - Moustache Bike founders, Emmanuel Antonot and Greg Sand, want to focus on inventing e-bike ranges for 2025-2030, penetrating new international markets and expanding the domestic business presence as well as imagining new green mobility solutions for the future.

BORRALHA, Portugal - A group of 39 companies and organisations gathered by the industry organisation ABIMOTA have applied for funding of up to €258 million as part of Portugal's Recovery and Resilience Plan. The project is being led by Polisport.

AMSTERDAM, the Netherlands - Dutch e-bike brand VanMoof has announced a fast e-bike capable of hitting speeds up to 60 km/h. The VanMoof V is the brand's first high-speed e-bike and is full of new features. With this speed e-bike VanMoof is explicitly mingling in the e-bike regulation discussion.

BRUSSELS, Belgium - The company name D'Ieteren is not unknown in the bicycle industry. The multi-billion euro, stock-listed Belgium car importer representing brands including VW, Audi and Yamaha is eyeing the expanding bicycle market...and this is not for the first time.

TAICHUNG, Taiwan - Supply chain constraints in combination with shortages of components and shipping containers have disrupted distribution from Taiwan to Europe and the US. As a result, Merida Industry Co Ltd reported a decline in shipments and revenue last month.

AMSTERDAM, the Netherlands - Dorel Industries and Pon Holdings agreed on the acquisition as announced today. The sale is expected to close before the end of the first quarter of 2022. Pon Holdings reports a combined revenue of €2.5 billion, making it the biggest bicycle and e-bike

BOLOGNA. Italy - Known for their e-bike brands Italwin and Wayel, Italian producer Five has made an important step forward in their production of e-bike battery packs. Only three years after the battery market entrance, Five has already reached a new milestone with the production of its 10,000th battery pack.

MUEHLTAL, Germany - All Packster 70 cargo bikes will have to be taken back to Riese & Müller's production site. The German manufacturer also calls for an immediate riding stop of the Packstar 70.