AGUEDA, Portugal - Major Portuguese component makers Rodi, Miranda, and Ciclo-Fapril announce they will invest € 12 million in aluminium frame production in Agueda, Portugal. Construction of the facility is to start this September.
GAND, Belgium - For the second time, the European Association for battery, hybrid and fuel cell electric vehicles AVERE LEV-TF will participate at Eurobike. In a joined booth AVERE LEV-TF and Light Electric Vehicle Association (LEVA) are presenting themselves on the first floor of the West Entrance, FW-OG103.
AGUEDA, Portugal - At the Taipei Cycle Show last March initiatives for creating supply chain flexibility for the bike industry in Europe came to light in Taipei. Two (aluminium) frame and other component production centers were discussed; Bike Valley Romania and Bike Valley Portugal. As it stands now Bike Valley Portugal is becoming reality.
LAS VEGAS, USA - "I get frustrated when I hear people say that they can see everything online, or that there's not anything new to see at Interbike by the time the show arrives," says Pat Hus, Vice President of Interbike. "I am going to assume that many of these naysayers haven't been to the show in many years."
SHENZHEN, China - The intelligent bicycle riding device manufacturer Livall has raised a combined fund of € 11.7 million in an opening round of a capital raising campaign. Venture capital firm ChinaEquity Group led the financing in the one year old start-up, headquartered in Shenzen.
WESTPORT, USA - Vista Qutdoor Inc. acquired Camelbak Products LLC from private equity firm Compass Diversified Holdings (Codi). The sale price for Camelbak will be based on a total enterprise value of 371.7 million euro. The divestiture is expected to close within the next month.
ALMERE, Netherlands - Last Friday Gazelle, Derby, BBB and Cervélo owner Pon Holdings announced to have acquired Santa Cruz Bicycles, the California-based high-end MTB maker. This take-over comes only a few months after Pon bought BBB Cycling; a major worldwide operating P&A importer and distributor.
MÜNSTER, Germany - The 2014 riots in Vietnam heavily affecting Tubus' long term production partner Bor Yueh revealed the weakness of depending on a single manufacturing location. Therefore Tubus expands its production base by cooperating with Standwell. The bike carrier specialist is also planning production in Europe.
GREENSBORO, USA - Cycling wear giant VF Corporation, known by brands like Eastpak, JanSport and The North Face, is exploring potential apparel and footwear uses for an innovative new technology that adds high performance finishes to fabrics.
LAS VEGAS, USA - EU@Interbike is the name of the new turnkey booth section on the show floor to highlight European brands seeking to enter the US market.
FRIEDRICHSHAFEN, Germany - Four service providers for the bike sector in Germany have started a consortium named Bidex which is aimed at strengthening the competitiveness of dealer-shops against e-commerce and the continued growth of webshops. Eurobike organizer Messe Friedrichshafen is one of the founders.
DOETINCHEM, the Netherlands - Bike Europe's regular Thursday newsletter will not be distributed among our close to 15,000 subscribers on May 14. This is due to a national holiday in the Netherlands.
BERINGEN, Belgium - The Tour the Flanders was not the only highlight of the Belgium cycling scene in the past days. Last Friday the 7 founders ...
PADUA, Italy - They call it the "War of the cycling shows", a "Montagues and Capulets" story of the present days in Italy. One contender is in Verona ...
On behalf of the Bike Europe team, it is my pleasure to wish all the readers of the e-mail Newsletter and all the regular visitors of the Bike Europe ...
BEIJING, China - While search giant Google is focusing on self-driving smart cars its Chinese rival Baidu developed a stylish smart bike named 'DuBike'. ...
YPRES, Belgium - Formula Cycling BVBA acquired the brand BeOne from Blomson International. BeOne's new product range will be presented at the ...
THE HAGUE, the Netherlands - In a large scale operation to halt the influx of fatbikes that do not meet the legal requirements of an e-bike or a moped, the Dutch authorities seized a total of 16,500 fatbikes. The Human Environment and Transport Inspectorate reports the fatbikes are in fact illegal mopeds and originate from several Chinese manufacturers.
For many years, the increase of the average value per unit compensated the bicycle manufacturers for the decrease in export volumes. They could still grow
The bike sales in the UK shows a stable picture despite a decline in 2015 in both units and value imported.
