BERLIN, Germany - To support the roll-out and European market launch of its Pedal Assisted Transporter (PAT), start-up Onomotion GmbH received a € 3 million cash-injection from InnoEnergy SE.

SAINT-JEAN-DE-MOIRANS, France - Last June, Rossignol announced that the Group had reached an agreement with the French start-up WhaTTfornow to acquire the industrial and commercial activities of Time Sport.

FULDA, Germany - The Büchel Edge rear light with integrated Z reflector, is the first sensor-controlled brake light for bicycles in accordance with the new StVZO and ECE guidelines. Büchel has introduced the brake light for model year 2021.

OSAKA, Japan - In its financial statement of the first quarter of 2020, the Shimano Group reported a downturn in sales since mid-March. The company also pulled its full-year business performance forecasts. The situation has changed drastically since last month. "Bicycle assemblers in Europe are seeing a surge in orders and retailers in the US are running out of stock," said Shimano's CEO, Yozo Shimano.

TAIPEI, Taiwan - Next to the news that the daily number of casualties in China is now dropping; it's also reported that Giant and Merida have resumed their operations in China. Is it a first indication that things are normalizing in China?

MONTREAL, Canada - Dorel Sports including Cycling Sports Group showed a strong third quarter performance; like in the 2nd quarter. Between July and October, revenues increased by 14.2 percent.

ATLANTA, USA - High-end bicycle pedal expert Speedplay has been taken-over by fitness equipment specialist Wahoo Fitness. "The Speedplay product range is complementary to our increasing line-up of high-quality indoor- and outdoor-cycling products," announced Wahoo. The purchase price remains undisclosed.

ULFT, the Netherlands - Basil originally unveiled the MIK (Mounting is Key) luggage carrier system at Eurobike 2017. This year, the Dutch company unveiled the second generation, the heavy-duty version. The heavy-duty version can carry up to 30 kilogram making it suitable for child seats.

TAICHUNG, Taiwan - Alexrims has upgraded its hub factory in Taichung, Taiwan. This was announced at last March Taipei International Cycle Show. The upgraded facility is to focus on making high quality hubs for e-bikes.

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