Herrmans looks for growth in central Europe with German subsidiary
HOLZWICKEDE, Germany – Finnish bicycle component exporter, Herrmans Bike Components Ltd has established a new German subsidiary, Herrmans Bike...
Amprio confirms take-over by SRAM
SCHWEINFURT, Germany – SRAM’s activities in the e-bike category have entered a new stage now the German e-bike drive systems supplier Amprio is...
Herrmans reducing its CO2 footprint, bit by bit
A hot topic in the bike industry currently is the quest for more sustainable bike components. The key to reaching real, long-term results, is to...
New player adds competition to the belt drive market
FRANKFURT, Germany – The demand for e-bikes with a belt drive system is growing. Although Gates Carbon Drive has a sizeable share of the existing...
SRAM to open service centre in Italy and expand distribution with...
CHICAGO, US – Component manufacturer, SRAM, is extending its presence in the Italian market by opening a new Technical Service Support Centre....
Shimano reports market cool down for second consecutive quarter
OSAKA, Japan – The global presence makes it possible for Shimano to compensate for fluctuations in various market. Thanks to big differences between...
SRAM diversifies into new business outside cycling industry
CHICAGO, USA – The New York Yacht Club American Magic racing team has announced a partnership with SRAM. In the bid to win the highly prestigious...
Büchel solidifies ties with India as high-level delegation visits...
FULDA, Germany – The Punjab Government has expressed their gratitude to Büchel Industrie-Holding GmbH for their support in manufacturing bicycles in...
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...
Shimano sales slow down, but still firm
OSAKA, Japan – In its latest financial report, Shimano reports that market inventories of completed bicycles, especially the high-end bicycles...