Höganäs to Cease E-Bike Components Production
HÖGANÄS, Sweden - Electric drive systems manufacturer Höganäs AB announced a change in strategy and will stop the production of its Eclino branded e-bike components.
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Bike Deliveries to Dealers in Germany Up Big in First Half of 2015
FRIEDRICHSHAFEN, Germany - This morning, at the opening press conference for Eurobike 2015, the sales figures for Germany in the first half of this year were presented. Like in 2014 also this year the German bike sector has once again had an outstanding start to the current season.
Indian Hero Cycles Acquires Foothold on European Market
LUDHIANA, INDIA - Hero Cycles, India's biggest bike maker, has acquired a majority share in Avocet Sports; the Manchester, UK based importer and distributor of bikes, electric bicycles and P&A. With this take-over Hero meets its ambition to enter the European high-end markets.
Schwalbe Enters into Strategic Partnership with Paul Lange
STUTTGART, Germany - Distributor Paul Lange Group announced that its subsidiaries in the DACH-region (Germany, Austria, Switzerland) as well as in the Czech Republic, France, Hungary, Slovakia and Ukraine are now also distributing: "Tyres, tubes and other products of the Schwalbe brand."
Tenneco Stops with Marzocchi; Take-Over Discussions Started
LAKE FOREST, USA - Tenneco Inc. announces its intention to discontinue its Marzocchi Mountainbike and motorcycle fork suspension business and to liquidate its Marzocchi operations. According to Marzocchi's (Ride Performance Europe) OE sales manager Maarten Maes production is to continue to the end of this year and take-over discussions already started.
Halfords NL Restart Nearly Completed
VEENENDAAL, the Netherlands - According to the administrators handling the bankruptcy of Halfords in the Netherlands, they have reached an agreement on ...
Dorel Sports Announces Management Changes
WILTON, USA - Dorel Sports, a segment of Dorel Industries named Russell Merry Senior Vice President & General Manager North America and the UK, Cycling Sports Group. In this new role, Russell will have leadership of the Cycling Sports Group North America business. Whether this appointment is related to Dorel Sports' declining sales in Europe is not noted in the Dorel statement.
Accell To Take-Over Cycle Service Nordic
HEERENVEEN, the Netherlands - In today's trading update Accell Group also announces that it is to take-over the Danish parts & accessories distributor ...
Bicycles Sales On The Rise in Czech Republic
PRAGUE, Czech Republic - In 2103/2014 Czechs remained big sport and fitness cycling fans, with 5 million bicycles within the nation of 10 million ...
MIFA: Delisting From Stock Exchange and New Name
SANGERHAUSEN, Germany - MIFA insolvency administrator Lucas Flöther is preparing the former German bicycle producer Mitteldeutsche Fahradwerke AG for ...