Markets

Timyo, which has been declared bankrupt in the Netherlands, has its own frame factory in China and assembling facilities in Lithuania and the Netherlands. - Photo Timyo

E-bike manufacturer Timyo declared bankrupt as new entity emerges

ROOSENDAAL, The Netherlands - Timyo, the Dutch-based company that designed, developed and jointly manufactured e-bikes under its brands Van Dijck,...

The opening of the new AKOR Cycles & Café store at 3, rue de Strasbourg in the Gare district of Luxembourg City took place in early 2020. – Photo Arnold Kontz Group

Luxembourg's Arnold Kontz sells car dealerships to focus on bicycles

LUXEMBOURG, Luxembourg - Belguim's Louyet Group has taken over the motor vehicle distribution business of Arnold Kontz Group. The latter has decided...

As crowded warehouses facilitated a huge dip in e-bike imports, now for the first time in 12 months the number of units imported into the EU matches the same level as the previous year. – Photo Bike Europe

Rising e-bike imports signal market recovery in EU-27

ZEIST, The Netherlands - With 81,353 e-bike units imported into the EU-27 in the month of May, this almost matches the 83,000 units imported in the...

Ambition proved not to be enough for now insolvent contract manufacturer WSF Bicycle Technology GmbH based in Regau, Austria. – Photo WSF Technology

Austrian manufacturer WSF liquidated as restructuring plan fails

REGAU, Austria - The restructuring plan of the young bicycle and e-bike contract manufacturer WSF Bicycle Technology GmbH, which slipped into...

Lennart van Houwelingen brings industry experience from Enviolo and Bafang to Hesling Bike Parts. – Photo Hesling

Hesling Bikes Parts appoints Lennart van Houwelingen as European...

ULFT, The Netherlands - Lennart van Houwelingen has joined Hesling Bike Parts as international sales manager. With extensive experience in the...

“With financial investors needing to divest more mature assets within the next couple of years, it becomes increasingly clear that the bike market will see a corresponding rise in M&A activity starting in 2026 to 2027,” the Houlihan Lokey report concludes. – Photo Shutterstock

New wave of M&A deals coming in bicycle industry, study predicts

LOS ANGELES, US - "The bicycle industry can expect a gradual recovery with significant upside in the medium to long term, with 2026 and 2027 marking...

Although Decathlon is closing its doors in Sweden it continues to have a successful bicycle retail platform in many other territories globally. – Photo Shutterstock

Decathlon to cease operations in Swedish retail market

STOCKHOLM, Sweden - French sporting goods chain store retail giant Decathlon has announced that it will cease its business operations in Sweden at...

Cycle took over all assets and contracts of Ebike4Delivery. – Photo Cycle

Mobility provider Cycle acquires Ebike4Delivery

BERLIN, Germany - Full-service mobility provider Cycle has acquired the Dutch delivery e-bike manufacturer, Ebike4Delivery. "This strategic...

Dennis Weijers (left) is welcomed to the Classified team by CEO Mathias Plovier (right). - Photo Classified

Shimano's Dennis Weijers joins Classified as CCO

ANTWERP, Belgium - Drivetrain brand, Classified has strengthened its leadership team with the appointment of Dennis Weijers as chief commercial...

DSB’s Davide Bonandrini (left) and Whyte’s Ross Patterson (right) cemented the new distribution deal at this year’s Eurobike show. – Photos Whyte

Whyte Bikes expands European footprint under new CEO

HASTINGS, UK - British bike brand, Whyte Bikes is undergoing a transformation in 2024. With a new CEO at the helm, and a new range of e-MTBs that are...