HEERENVEEN, the Netherlands - The Accell Group take-over has entered a new period of uncertainty. Less than 80% of the fully diluted shares were tendered under the KKR/Teslin offer when the acceptance period expired on June 3rd.
AMSTERDAM, the Netherlands - enviolo, known for its unique stepless shifting products has successfully completed the integration of its Automatiq control units into Bafang's drivetrain system and display unit. Dutch brand, QWIC, will be the first to launch e-bikes with the integrated technology.
KARLSTEIN AM MAIN, Germany - German battery cell analysis specialist Batemo has entered a new cooperation with BMZ Group, a global specialist in lithium-ion battery manufacturing. A part of the cooperation includes supporting the distribution of BMZ's new TerraE round cells.
SCHRAMBERG, Germany - "In 2020, our gears were in approximately one of every two e-bikes sold in Europe," declares Pierluca Sartorello, CEO of hGears. On the back of this success, the global manufacturer of high-precision gears and components, who counts Bosch and Schaeffler among its clients, is planning an initial public offering (IPO) at the Frankfurt Stock Exchange in the second quarter of 2021.
DHAKA, Bangladesh - Meghna Rubber Industries Ltd is enlarging its manufacturing capacities. The company is investing US$ 1.2 million in extra tyre and ...
NEW DEHLI, India - India (and Bangladesh) bicycle tyre manufacturers are currently spending millions is adding production capacity, or they are buying ...
NUSA DUA, Indonesia - At least 200 bicycles are available on loan to all attendees of the climate change meeting which takes place this week in Bali. ...
BEIJING, China - The output of electric bikes is expected to maintain an annual growth rate of at least 80 % in the coming five years. China will ...
BANGKOK, Thailand (July 28) - Bangkok Cycle Industrial Co. Ltd. has announced further major investment plans to increase its LA brand and export sales ...
MACHECOUL, France - As the trade unions rang the alarm bell last week when Cycleurope announced that the frame production in their plant in Machecoul ...
(7 February 2000)--French frame and pedal manufacturer Look has announced that in 2000 it will sponsor three professional cycle teams: Credit Agricole, ...
德國，居特斯洛（GÜTERSLOH）－德國自行車界的另一間知名傳產公司亦陷入無法自救的財務困境。根據破產法院公告，Sprick Cycle GmbH和其母公司Sprick Holding GmbH皆於12月27日提交臨時破產申請。
2019 has been an intense year for Devron Europe, full of events, fairs and new collections. It has been a year of growth, both in brand awareness and market share.
PODGRODZIE, Poland - Based in the southeast of Poland, Romet has been in the bicycle industry for more than 75 years. Operating in a total of three factories spread out over the country, Romet holds a strong position in its home market, but is also one of the well-known players in the European OEM market. Romet president Wieslaw Grzyb is now preparing the company to take the next step on the export market, both for OEMs as well as the brand Romet.
PODGRODZIE, Poland - The combination of aluminum frame production, a painting line and assembly on one location gives Romet a rather unique market position. Only a few factories in Europe operate their own frame production. What did the frame production bring to Romet, 5 years after the opening of the facility?
While the total number of bikes sold in Switzerland last year decreased by 1% to 323,059 units, the e-bike market continues to grow. In 2015 the volume increased 15%.
Bike sales in Switzerland last year totalled nearly 315,000 units, more or less the same level as in 2007. Mainly thanks to the continuing e-Bike boom, ...
MATTIGHOFEN, Austria - The financial struggle at the motorcycle division of Pierer Mobility AG could not take place without having an impact on the e-bike department. The company has now announced that its regional activities in South Africa, Germany and the UK will gradually be wound down in a controlled manner.
CHANGHUA, Taiwan - Merida Industry Co., Ltd. was particularly hit hard by the slump which hit the bicycle industry last year. In 2023 the manufacturer lost more than a quarter of its revenue. The financial performance at the start of 2024 was still not positive. The turnaround came in April, and Merida suddenly started to report strong growth figures again.
TAICHUNG, Taiwan - Despite a double-digit revenue drop Taiwan's third-largest bicycle manufacturer Ideal Bike Corporation is continuing to work on getting a grip on the losses incurred in the past. A look at the 2024 second quarter and first half-year figures indicate a successful restructuring of the financial setbacks.
