Retail Giant Karstadt Sold for One Euro
ESSEN, Germany - The Austrian real estate investor René Benko acquired the complete Karstadt retail group for one euro. He bought the loss making ...

ESSEN, Germany - The Austrian real estate investor René Benko acquired the complete Karstadt retail group for one euro. He bought the loss making ...

CHAMBÉRY, France - January 2015 SR Suntour France will start assembling rear shocks in France. The company's OEM coordinator Henri Manders announced ...

The Joy Group, consisting of Joy-Tech, Novatec, Factor components, Dienatronic and E-FAM branded bicycle parts, is to build a new HQ in Taiwan.

It's busy at the production site of Triangle's in Portugal; the 1st company in Europe that is producing aluminium bicycle frames on an industrial scale.

In the first half of 2016 Giant Manufacturing Co., Ltd. reached total sales of TWD 29,08 billion (€ 833mn). This is down 3.7% compared to a year earlier.

POINGF, Germany - Rema Tip Top has increased its stake in Cobra Group/Depreux to 100%. The complete takeover of Cobra, a specialist in the manufacturing of conveyor belts and accessories for the mining, food, agricultural, packaging and logistics sectors, allows Rema Tip Top to further strengthen its global conveyor business.

Industry outsider Federico Musi has been appointed CEO of the Look Cycle Group as of September 1 this year following the acquisition of the company by ...

The Commuter Bag is made of a strong, reflective fabric, ideal for urban bikers wishing to commute in style.

Vittoria is lowering its prices for 2017. With the release of the company's new price list the company says it is, "Reducing already competitive prices."

To maximize our resources and provide a better service to the industry, while the market is facing difficulties and budget revisions, our group responds

MÖSSINGEN, Germany - On November 1 electric cargobike supplier Gobax restarted after they filed for insolvency last July. The company's restart as Gobax Bikes GmbH & Co. KG is made possible by a new investor named Christoph Ziegler who is CEO of a company offering a range of (electric) bicycle parking facilities.

DOETINCHEM, The Netherlands - Next to the new Triangles factory for making aluminium e-bike frames in Portugal there is a second frame facility in the making close the Europe's main markets. The plans for that facility are now being developed.

POZZOLEONE, Italy - Next month Selle Royal Group will disclose a new industrial plan to its shareholders outlining the main business strategy for the next 3 years. Selle Roal confirmed that the principal strategic lever of the plan will be product innovation.

SEEFELD, Germany - On December 1, 2015 TQ-Systems GmbH appointed Dr. Christian Becker - since 2014 responsible for the technical area at the company's e-mobility division Cleanmobile - officially to managing director of this division. He succeeded Angelika van der Straaten.

ZWOLLE, the Netherlands - NuVinci Cycling is expanding its OEM and dealer-related activities. For OEMs the Fallbrook Technologies Inc. owned company hired a technical coordinator. For dealers NuVinci is expanding its successful Test and Service Partner Program from Benelux to Germany.

SANGERHAUSEN, Germany - The construction of a new bicycle manufacturing site by MIFA in Germany, which is about to commence, attracts new partners. "We are currently examining the possibility to invest in Sangerhausen," says Erhard Büchel, managing director of MD of Büchel & Co. and Vice President of the industry associations CONEBI.

TAIPEI, Taiwan - Representing 36 different nations, 27% of the more than 1,100 exhibitors at the Taipei International Cycle Show are from overseas, ...

VAN NUYS, USA - Easton-BellSports Inc. is selling its baseball & softball business to Bauer Performance Sports Ltd. According to Easton-BellSports CEO ...

HEERENVEEN, The Netherlands - Accell Group NV has sold it traditional German bike brand Hercules for about 20 million euro to Europe's biggest dealer ...

CEDAR PARK, USA - To facilitate and enhance coordination and service operations NuVinci hub manufacturer Fallbrook Technologies Int. has established a ...