3T aims to expand production in Italy with Uturn investment
PRESEZZO, Italy - UTurn Investments, an independent family fund announced their investment in 3T to facilitate the company’s new development path, in...
Asian electronics giant acquires 80% stake in e-drive maker Pendix
ZWICKAU, Germany – Hong Kong-based electronic components giant Johnson Electric Holdings Limited is taking over an 80% majority stake in German drive...
Pierer Industrie acquires majority stake in Syntace
WELS, Austria – The news has been rumored in the industry for a while, but it has been officially confirmed this week: Pierer Industrie AG has...
Pon Holding acquires scaleup Veloretti
AMSTERDAM, the Netherlands – Pon Holdings continues to expand its position in the bicycle market with the take-over of scaleup Veloretti. This e-bike...
Pinion acquired by Canadian Bombardier Recreational Products
DENKENDORF, Germany – Bombardier Recreational Products (BRP) is the new majority shareholder of Pinion, alongside the Pinion founders, managing...
Pierer Industrie enters cargo bike market through Johansson...
WELS, Austria – Pierer Industrie has acquired an 80% stake in the Johansson cargo bikes business, from EW Mobility GmbH & Co KG, following which a...
Specialized acquires Denk Engineering and builds Innovation Center in...
MORGAN HILL, USA - Since 2014, Peter Denk, known as one of the most enigmatic bike developers in the international bike industry, and his team at...
Stan’s NoTubes acquired by investment firm Zabel Companies
BIG FLATS, USA NY – Stan and Cindy Koziatek, co-founders of Stan’s NoTubes and creators of the original tubeless tire sealant for bicycles, have...
Accell Group fails to meet 80% shares sale threshold in take-over bid
HEERENVEEN, the Netherlands – The Accell Group take-over has entered a new period of uncertainty. Less than 80% of the fully diluted shares were...
Accell Group one step closer to €1.56 billion take-over
HEERENVEEN, the Netherlands – The extraordinary general meeting of shareholders of Accell Group, which took place on Friday 20th May, voted in favour...