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Tiso Buys Bicycle Chain

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EDINBURGH, Scotland – Outdoor clothing and equipment retailer Tiso has bought the Alpine Bikes chain in a deal worth more than GBP 1 million/1,4.
Alpine, an Aberdeen company established in 1989, has five shops in Scotland, two of which are already situated within Tiso stores.

Tiso Buys Bicycle Chain

EDINBURGH, Scotland – Outdoor clothing and equipment retailer Tiso has bought the Alpine Bikes chain in a deal worth more than GBP 1 million/€1,4.
Alpine, an Aberdeen company established in 1989, has five shops in Scotland, two of which are already situated within Tiso stores.
 
Alpine will become a subsidiary of Edinburgh-based Tiso Group, the parent company of Graham Tiso, and all outlets will remain open. Bryan Shedden, a former area manager with Tiso, has been appointed to oversee operations at Alpine.
 
Family-owned Tiso is keen to make the bicycle retailer a key spoke of the planned roll-out of its Tiso Outdoor Experience stores, which combine a traditional sales floor with climbing walls, educational facilities and a lecture hall.
 
There are currently Tiso Outdoor Experience shops in Edinburgh and Glasgow, and the company has recently secured planning permission to build a concept store in Inverness, due to open this autumn.
 
Alpine Bikes founder David McKay approached Tiso before Christmas about a possible deal, having decided to leave the business to spend more time with his family.

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