Trade Union Announces Bleak Future for Kynast
OUAKENBRUECK, Germany (September 10) - The future for Kynast, at one time the largest bicycle manufacturer in Europe, looks ever more bleak. According ...
Giacomelli Sport Group Under KPMG Scrutiny
RIMINI, Italy (September 8) - Currently under thorough assessment by KPMG, Giacomelli Sport Group might be interesting for several investors. According ...
Halfords
UK - Halfords, the largest bicycle & accessory retailer in the UK is adding a new concept to the shops: Urban Escape is a shop-in-shop formula in ...
Accell Group Finalizes Acquisition Tunturi
HEERENVEEN, The Netherlands (August 6) - Accell Group NV finalized the earlier announced acquisition of Tunturi in Finland. Tunturi manufactures and ...
San Giorgio Stops Mudguard Production
TOMBOLO PADOVA, Italy (August 5) - San Giorgio (trainers and mudguards, 30 employees) sent out a curious message to their customers: it says that a ...
Record Results for Dahon in First Half of 2003
DUARTE, USA (July 30) - Dahon California Inc., the world leader in folding bicycles, announced record first half 2003 results. Unit volumes grew by 38% ...
ZEG To Decide about Kynast's Future
QUAKENBRUCK, Germany (July 30) - Next Friday ZEG will decide about the future of German bike maker Kynast which filed for insolvency July 17. August 1 ...
B-Tech Gets Development Grant from EU and Greek Government
KILLKIS, Greece (July 24) - B-Tech SA, the Greek OEM bike maker, announced today that it received confirmation on the approval for the 1st phase of a ...
Accell Group Licenses Be One Brand
HEERENVEEN, Netherlands (July 30) - Accell Group NV has decided to licence the Mountainbike brand Be One to its current management. Be One will ...
Momentum International: New Force from Bangladesh
MANCHESTER, UK (July 28) - Having sold Concept Cycling Limited (the UK's largest bicycle assembler) to it's management early in July, Steven Walsh has ...
Accell Results Favourable Despite Slow Consumer Spending
HEERENVEEN, the Netherlands (July 16) - Accell Group N.V. announced today that its earnings per share have risen by 39% over the first half of 2003 to € ...
Kynast: First Plans for Restart
QUAKENBRUCK, Germany (July 21) - The first plans for a restart of Kynast have been announced. According to several German newspapers Kynast GmbH, which ...
Rigida Sells Radaelli
BOXMEER, Netherlands (July 16) - Rigida has sold its subsidiary Radaelli (motorcycle rims) to SRl Metallica in Salerno (It.). After growth in the late ...
Management Buyout at UK's Concept Cycling
MANCHESTER, UK (July 14) - Concept Cycling Ltd. has been bought by its management in a GBP 12.5 (€ 18 million) deal. Concept is one of the larger ...
AGU Sports Takes Over Hesling Products
ALKMAAR, the Netherlands (July 14) - AGU Sports has announced that it has agreed on a takeover of Hesling Products bv who make bike panniers and bags, ...
Kynast Files (Again) for Insolvency
QUAKENBRUCK, Germany (July 18) - Kynast has again filed for insolvency. Dr. Stephan Thiemann from Münster has been appointed as receiver. Currently 370 ...
Accell Acquires Tunturi
HEERENVEEN, Netherlands (4 July) - Accell Group announces that it is negotiating the purchase of Tunturi (bicycles and fitness equipment). The final ...
Shimano vs. SRAM: Patent Infringement
MUNICH, Germany (June 17) - The Munich District Court I decided in favor of Shimano regarding Shimano's patent infringement law suit against SRAM ...