JINHUA, China - US private equity firm Riverside Company, owner of Sigg Switzerland AG since November 2003, sold the traditional drinking bottle company to Chinese Zhejiang Haers Vacuum Containers Co. Ltd.
WILRIJK, Belgium - Spokes and nipples manufacturer Sapim moved its headquarter to a new location. Located in the same neighbourhood as the old facility, the new building covers an area of more than 6,000m².
DOETINCHEM, The Netherlands - Along with the set-up of a Bike Valley in Portugal, plans for a 2nd bicycle and parts production center in Europe are taking shape. This one is to be located in Romania.
HADSUND, Denmark - Cykelgear.dk is moving to a new warehouse which is the biggest in Scandinavia. The Danish P&A and bikes webshop that also targets dealers is growing rapidly.
PARIS, France - Last week the chairman of the European Bicycle Manufacturers' Association (EMBA) Brian Montgomery passed away. For years he was top of mind for lots of executives in the European bike sector as well as the ones in Asia. In particular as he was leading this effective trade block for over thirty years.
HEERENVEEN, the Netherlands - Against the background of a European bike market which Accell Group's CEO René Takens characterizes as slightly increasing in 2015, the holding company for numerous bike companies recorded continued growth. In the third quarter of this year Accell grew in virtually all countries and booked a higher result. E-MTBs in particular contributed to the strong results.
TAICHUNG, Taiwan - At the mid October held Taichung Bike Week prices were a much discussed matter. In particular as the costs for raw materials like steel and aluminium have been dropping by 30 to 40% lately while also labour cost increases were limited in China this year. Will this bring lower prices for ModelYear 2016 and 2017 bikes?
SANGERHAUSEN, Germany - In a special session the Sangerhausen city council paved the way for the relocation of bike maker MIFA within the same community were MIFA has been based for over a century.
NANJING, China - Last Monday the 5th Asia Bike trade Show taking place in Nanjing closed its doors after 13,224 visitors - 8,866 trade visitors and 4,358 bike fans - joined the exhibition. Here a total of 433 (2014: 487) brands, of which 72 percent international, presented their product innovations across over 40,000m² of exhibition space.
BIELEFELD, Germany - To improve its service level for retailers, Hebie developed an on-line after sales platform for its replacement parts. This should make it easier to order replacement parts and speed up deliveries.
LAKE FOREST, USA - The announcement by Tenneco Inc. last July to discontinue its Marzocchi MTB and motorcycle fork suspension business and to liquidate its Marzocchi operations created a lot of turmoil in the bicycle industry. Clarification on what's to happen is expected to be announced at Interbike.
VALKENBURG, the Netherland - In the spring of 2017 Shimano Europe plans to open its cycling, fishing and rowing Experience Center in the Southern part of the Netherlands. Yesterday the company signed a letter of intent with the municipality of Valkenburg, the Dutch province of Limburg, architects and the 'Wyckerveste' former brewery site developers.
LUDHIANA, India - After acquiring a majority 51% stake in UK based Avocet, India's biggest in bikes Hero Cycles Ltd remains on a buying spree. The company says to be in the midst of forging strategic alliances with number of European companies and is at Eurobike for more brand buyouts and possible technical joint ventures. All this must ultimately lead to a full-fledged production base in Europe.
FRIEDRICHSHAFEN, Germany - Bike Europe August 2015 edition is available at Eurobike. You can pick up your free copy at the Media Boxes located at Foyer West and East. It's also possible to get a free copy at the Bike Europe booth located in Foyer West booth 106.
NANTES, France - Velo-city 2015, the global conference on cycling policy and cycling use which was held last week in Nantes, France, has set new records in terms of numbers with 1,550 participants from 80 countries; 91 exhibitors presenting innovative cycling products and services, 65 plenary and paralel sessions and 7,000 congress delegates and locals that took part in the cycling parade.
DOETINCHEM, the Netherlands - Bike Europe's regular Tuesday newsletter will not be distributed among our close to 15,000 subscribers on May 5. This is due to a national holiday in the Netherlands.
BREMBATE, Italy - Former Cervélo cofounder Gerard Vroomen teamed up with 3T CEO René Wiertz to acquire all shares in iconic bicycle component maker 3T.
AMSTERDAM, the Netherlands - Listed companies in the bicycle industry worldwide enjoy a growing interest for fund ownership. Portfolio managers of ...
VICENZA, Italy - Following yesterday's report on the announced reorganization of the Campagnolo factory in Italy affecting 68 jobs, including the ...
SHENZHEN, China - The world's largest producer of folding bikes has officially made the move to larger manufacturing facility located in the Songgang ...
