At Taipei Cycle show Fritz Jou said that the construction his new bicycle production facility in Portugal has started. The factory in Bike Valley Portugal

HEERENVEEN, The Netherlands - Undoubtedly it will be an intensely debated topic at Accell Group's annual general shareholders meeting that takes place

Accell Group announces that it is stopping the exploratory discussions with Pon about Pon's 11 April bid for a takeover. Accell statement comes after Pon

Dorel's Sports segment, including the brands Cannondale, Schwinn, Mongoose, GT, Caloi, and Sugoi, continues to put heavy pressure on the Group's results.

Next October Triangle's, the new producer of aluminium bicycle and e-bikes frames based in Bike Value Portugal, is to start its production slowly.

To create more supply chain flexibility for the bicycle industry in Europe, a big delegation of supplying companies from Asia visited Portugal.

The TQ Group, a drive technology and industrial electronics specialist, will be offering its high-performance mid-drive motors for e-bikes and cargo e-bikes

SALT LAKE CITY, USA - Last October 8 Black Diamond officially announced the complete sale of Swedish ski and bike apparel company POC to Investcorp Group; owner of Dainese. This is the Italian sportswear company for motorcycling and mountainbiking.

LOMAZZO, Italy - The claims are big. It's said to be magical, revolutionary, and even comparable to the invention of plastic. We're talking about graphene. The fact that the two scientists who invented it were awarded the Noble Price in 2010 indicates there's some substance to the hype. The same goes for the €1 billion subsidy the EU has available for developing applications. Graphene has now arrived in the bike industry.

NEVERS, France - Yesterday, Look Cycle announced that it is taking over Corima; the French specialist in carbon wheels. The acquisition is part of an ambitious growth plan that Look Cycle announced mid-2013. It is aimed at doubling the company's annual sales to around € 100 million by widening its existing product range through acquisitions and by diversifying into other sectors like tennis or golf.

PIETARSAARI, Finland - Finnish component manufacturer Herrmans Oy Ab announces that it is to expand its production facilities for bicycle components by 50% in the next five years. Reason for the big expansion is Herrmans' confidence in the growth of cycling as well as in its speed to market capabilities allowing for swift deliveries and flexibility to European bike factories.

MONTREAL, Canada - Dorel's 2015 financial results are overshadowed by challenging currency rates. "The adverse exchange rates impacted our earnings by approximately US$ 43 million," said Dorel President and CEO Martin Schwartz at the presentation of the 2015 results.

NOTTINGHAM, UK - They will be made at Meghna in Bangladesh and with that come to the EU states at 0% import duty; a range of Dahon's Ford bikes. They will be launched at the upcoming Taipei Cycle Show by UK based distributor Direct365 Ltd.

CORK, Ireland - Wiggle and Chain Reaction Cycles announce today that they are to merge to further strengthen their position in the global online retailing world of cycling, running, swimming and triathlon (tri-sports) products and accessories.

HUTTWILL, Switzerland - After doing the same in Austria recently and earlier in other countries Swiss e-bike manufacturer Biketec AG (maker of Flyer) now takes control over its distribution in the Benelux countries; one of its most important markets. Biketec has taken over Benelux importer Amazing Wheels.

TAIPEI, Taiwan - The 2016 edition of Velo-city Global in Taipei will host two Industry Days where insiders such as Anthony Lo from Giant and John Burke from Trek will discuss the economics of cycling, the role of advocacy in growing the market and why we need successful policies to increase sales for everyone.

Pon.Bike acquired the Dutch company FietsNED. This is a (mobile) service provider that assists cyclists 'en route' and in trouble on a 24/7 base.

At the beginning of this month POC founder Stefan Ytterborn stepped back as CEO of his wintersport and cycling gear brand but remains as member of the

JD Sports Fashion Plc, a UK leading retailer in sports, fashion and outdoor, took over the 58 shops and webshop of the Go Outdoors omni-channel chain.

The country's largest manufacturer of powered two-wheelers, Hero MotoCorp invested in smart electric two-wheeler start-up Ather Energy. Hero MotoCorp