New GM for Mach1 Machinery
VILLAZ, France - At this year's Eurobike Emmanuel Gaillard presented himself as the new GM of Mach1 Machinery.

VILLAZ, France - At this year's Eurobike Emmanuel Gaillard presented himself as the new GM of Mach1 Machinery.

MARCLOPT, France - Mach1 has taken-over Red-Motion, the innovative French company behind the Baramind shock-absorbing handlebars. "This acquisition is in line with our strategy to diversify our product portfolio and strengthen our position as the supplier of choice for OEMs," writes Mach1 in a statement.

ANNECY, France - The iconic brand Mavic has been in receivership since 2 May 2020. Nearly 10 months ago Mavic was officially sold by its parent company Amer Sports to the Californian private equity firm, Regent LP, for an undisclosed amount. However, the Mavic employees and the French unions now found out that another company is involved in the ownership.

STUTTGART, Germany - During Eurobike 2019 German Lightweight manufacturer Carbon Sports will open the doors for their in-house show in Friedrichshafen.

CLOPPENBURG, Germany - Kalkhoff has responded immediately to last Tuesday's announcement by Continental AG that it will stop the development and production of Continental e-bike drive-systems in 2020.

FRIEDRICHSHAFEN, Germany - Hero Ecotech debuted at last week's Eurobike in Hall A2. It's part of the company strategy to focus more on export markets. Hero Ecotech is more and more looking for international distribution partners, as the company's MD Gaurav Munjal explains.

TAICHUNG, Taiwan - Marwi Taiwan Industrial Co. will open an all new factory in Taichung. The Taichung based bicycle component manufacturer will invest TWD 300 million (8.6 million euro) in this facility.

DOETINCHEM, the Netherlands - Bike Europe, the leading trade journal for the international e-bike and bicycle industry, is looking for a content writer and editor.

SAINT-JEAN-DE-MOIRANS, France - Rossignol Group SA, the French outdoor company, announces the restructuring of Time Sport, the premium road bike brand bought by the group in February 2016. The management has decided to cut jobs and to relocate production.

HEERENVEEN, the Netherlands - This year will be decisive for Accell Group's 'three pillar omni-channel strategy'. This strategy will be kicked off soon in the UK with the premiere of Haibike.co.uk.

LILLE, France - Decathlon posted a global sales increase of 5 percent to 11.3 billion euros excluding VAT for 2018. Despite this positive result, the market was not as good as in the past four years for the sports retail giant. Between 2014 and 2017 Decathlon still generated a double-digit sales increase annually.

CAMBIAGO/MILAN, Italy - Another big Italian bicycle name has been sold to a fund. After Pinarello's acquisition, in 2017, by L Catteron (LVMH luxury group), it's now the time of one of the biggest and most historical names in Italy's cycling history: Colnago.

ZURICH, Switzerland - The Swiss E-Mobility Group announced the acquisition of Migros owned M-Way AG e-bike retail chain last Friday.

HEERENVEEN, the Netherlands - Investment funds led by Kohlberg Kravis Roberts & Co. LP (KKR) including Teslin Teslin Alpine Acquisition has made a public offer on all issued and outstanding ordinary shares of Accell Group. The total offers amounts to €1.56 billion.

SEATTLE, USA - Seawall Capital, the private equity owner of Kent Watersports, announced the take-over of Kona Bicycles together with the company's rebrand to Kent Outdoors. This transformation and acquisition signal Kent's expanded focus on the full line of outdoor recreation activities.

CHICAGO, USA - Since World Bicycle Relief's inception in 2005, the organization reached a new milestone thanks to generous contributions.

FRIEDRICHSHAFEN, Germany - ZF, worldwide one of the largest automotive suppliers specializing in drivetrain technology

This afternoon the Puello family (with former managers of Winora/Haibike) has revealed its plan for a return in the e-bike sector. Under the company name

Direct365 and IRONMAN® have teamed up to launch an exclusive range of recreational sports road bikes and lightweight kids sports hybrids under the Ironman

As Portugal becomes a major production center for bicycles, e-bikes and P&A it brings new opportunities for local companies, like Polisport Plasticos SA.