Investments

Bosch is rapidly stepping up its R&D and production capacity in Portugal. – Photo Bosch

Bosch invests in e-bike component production in Portugal

BRAGA, Portugal - Bosch has announced that it will start to extend its R&D and production capacities in existing Portuguese facilities in Ovar and...

The Pinarello factory will be upgraded to Industry 4.0 and transformed into a lean and digitalized manufacturing facility. – Photo Cicli Pinarello

Cicli Pinarello accelerates investment plan after reporting promising...

VILLORBA, Italy - Road bike brand Cicli Pinarello s.r.l. reported double digits increase in both turn-over and gross operating margin during its...

Xavier Pladellorens and Ángel Corcuera, co-founders of Deporvillage retain a 2% stake in the company following the acquisition by ISRG - Photo Deporvillage

€19.8 million deal sees Deporvillage shift hands to JD Sports holding...

ALICANTE, Spain - Iberian Sports Retail Group, has acquired an additional 18% holding in Spanish online retailer Deporvillage. This latest...

The 3,200 square meter annex of the Moustache Bike facility. – Photo Moustache Bikes

Moustache Bikes invests in additional space for production

CAPAVENIR, France - Moustache Bikes has outgrown its existing facility within 3 years since it moved into the building in Capavenir. Next year...

Starting October, Eovolt will start to produce a part of the wheels in house to reduce its dependency on Asian providers. – Photo Michel de Chavanon

French folding e-bike brand Eovolt raises €16 million

LYON, France - Eovolt, the French folding e-bike manufacturer, has completed a fundraising of €16 million from venture capital firms Raise Impact and...

Varun Sureka, Director of Hartex Rubber in the new tube site in Ludhiana. - Photo Satnam Singh

Hartex invests in new bicycle tube unit to cater for export market

LUDHIANA, India - Hartex Rubber has opened a new bicycle tube plant at its Ludhiana site, creating an additional daily capacity of 25,000 tubes. "The...

The Antric One is an auto-grade four-wheeled e-cargo bike that has been successfully piloted in Europe. - Photo Antric

US investment supports scale-up of German 4-wheeled e-cargobike

FREEHOLD, NJ, US - The US-based electric vehicle technology company, Cenntro Electric Group Limited, has acquired a minority stake of 25% in Antric...

The investment will be implemented to support our ambition to be at the forefront of the mobility revolution,” explains Galin Bonev, co-founder and Co-CEO of Econic One. – Photos Econic One

Bulgarian Econic One completes multi million investment to support...

SOFIA, Bulgaria - Smart e-bike manufacturer Econic One, receives a € 6 million investment to anchor its next phase of growth. The investment round is...

Pinion is the next in line take-over by an industry outsider. – Photo Pinion

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...

The group’s Lion Tyres Thailand (LTT) that opens in the beginning of 2023 is currently under construction. – Photo Vittoria

Vittoria Group issues 5 million sustainability-linked bond

BREMBATE, Italy - To fund its investments in capacity and innovation in both Thailand and Italy, Vittoria owners WISE Equite and Vittoria's...