Pon Bike Acquires Electric Cargo Bike Brand Urban Arrow
AMSTERDAM, The Netherlands - Yesterday, Pon Bike finalized the acquisition of Urban Arrow. This Amsterdam based Dutch electric cargo bike brand has seen fierce growth in recent years.

AMSTERDAM, The Netherlands - Yesterday, Pon Bike finalized the acquisition of Urban Arrow. This Amsterdam based Dutch electric cargo bike brand has seen fierce growth in recent years.

REDDITCH, UK - Halfords has announced its interim results. In retail, cycling sales grew, recording like-for-like growth in cycling sales of 0.2 percent which the group attributes to "performance ahead of expectations in the last six weeks (of the period) as well as continued strong growth in e-bikes and kids bikes.

AMSTERDAM, the Netherlands - 'Move, house of mobility' is the name of Pon Holdings' new urban mobility center in Amsterdam. Here Pon Holdings will present new mobility solutions to a wide audience.

DENVER, USA - Twelve years after launching Gates Carbon Drive for the bicycle market, Gates is building upon its success unchaining bikes to bring advanced drivetrain solutions to electric motorcycles or e-scooters and the wider marketplace of light electric vehicles (LEVs).

MONTREAL, Canada - Dorel Sports including Cycling Sports Group (CSG; Cannondale, GT, Mongoose among other brands as well as Pacific Cycle and Caloi) showed a strong second quarter performance with revenues increasing by 7.4 percent.

HEERENVEEN, The Netherlands - In the first half of this year Accell Group saw its e-bike sales grow by 16 percent unit-wise and 47 percent in value. This boosted the company's overall results as its core business grew 8.8 percent in turnover to close to 651 million euro.

SCHWEINFURT, Germany - Within two years after the initial launch of Pexco GmbH at Eurobike 2017 by MD Susanne Puello and KTM Industries AG CEO Stefan Pierer, Pexco enters into a new phase.

LONDON, UK - Bike Europe reported in November last year how the well-known 60 plus strong bike shop chain Evans was sold to Sports Direct. At the time of its sale Evans employed around 1300 people around 880 of whom worked in store.

ALMERE, the Netherlands - Pon Bike Group saw its 2018 revenue grow by 14 percent and sold a total of 720,000 bikes. Electric bicycles continued to be the main product category of the 2nd biggest bike maker of Europe, after Accell Group. Pon Bike Group consists of Gazelle, Derby, Cervélo, Santa Cruz and BBB Cycling.

PARIS, France -French e-bike manufacturer Moustache Bikes announces the sale of 55 percent of its shares to LBO France. This private equity company took over all the Moustache shares that were owned by Initiative & Finance, an investment fund that participated in Moustache Bikes since 2015.

VIENNA, Austria - Children and youth bike manufacturer Woom has appointed Bernd Hake as CEO. He succeeds Paul Fattinger, who is leaving by mutual agreement after three years in charge. According to the company, the change in management is a further step in its development from a start-up to an established international brand.

HASTINGS, UK - British bike brand, Whyte Bikes is undergoing a transformation in 2024. With a new CEO at the helm, and a new range of e-MTBs that are garnering awards, the brand is now expanding further into Europe. With a distribution partnership already in place in Germany, Eurobike marked the signing of an agreement with DSB, for launching the brands 2025 collection into the Italian market.

SAN VENDEMIANO, Italy - Shortly after the change of FAC Michelin SRL to Miche S.R.L, the company has announced the appointment of Gregory Girard as its new CEO. Former CEO Luigi Michelin led the company for decades, leaving an indelible mark on the history of this traditional Italy company.

MADRID, Spain - Bicycle production in Spain saw a 6.8% year-on-year decrease in production in February, after registering a 10.5% decrease in the first month of the year, according to data from the Ministry of Industry Trade and Tourism. Despite these decreases, the units produced represent the highest monthly figures since June 2023 indicating a potential sign of a turnaround in the market.

BRUSSELS, Belgium - The Confederation of the European Bicycle Industry (CONEBI) elected a new Board of Directors during the 2023 General Assembly held in Brussels last week. Erhard Büchel retains his position as CONEBI president.

BIELFELD, Germany - He played a decisive role in multiple management positions in the past 30 years, but as part of a partial retirement plan Dirk Niermann is now leaving Hebie.

FRANKFURT, Germany - A group of experts in the digitisation and industrialisation of components and services decided to take their expertise to the bicycle industry via a consultancy company. One of the founding partners and industry insider, Andreas Gahlert, explains about the background of 'Neue Digitale Partners' (ND-P).

TALLINN, Estonia - After making Comodule successful as supplier for e-bikes and scooters with connectivity systems, CEO and co-founder Kristjan Maruste is handing over the CEO role to Teet Praks, also co-founder of Comodule.

YPRES, Belgium - Cycling industry entrepreneur Filip Carpentier passed away last Sunday. At the age of 47 Filip already held a long track record in the bicycle industry as a distributor as well as wholesaler. In 2015 he acquired the Belgium bicycle factory Minerva.

AMSTERDAM, the Netherlands - Pon Holdings has announced that Peter Woods is step down as President and CEO of the recently acquired Dorel Sports. The decision is in mutual agreement and effectively immediately.