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.
IDSTEIN, Germany - After launching its first own online D2C (Direct-to-Customer) platform for the German-speaking market, German premium bicycle niche brand Storck Bicycle GmbH now opened it for the world market. Since the end of September the English-language page is online as well.
MEQUON, USA - Shortly before this year's Interbike in Reno/Nevada it was already rumoured. Yesterday evening the final decision was announced: US bicycle components supplier Hayes Performance Systems, owner of the brands Hayes, Manitou, Sunringlé, ProTaper MTB and Wheelsmith, is taking over the carbon-fiber wheel
HELSINKI, Finland - Amer Sports did not had a good first half of 2018 as its cycling activities through subsidiaries Mavic and ENVE saw a further deteriorating net sales after a disappointing 2017. Total sales of the Finnish sports group dropped slightly in the first half of 2018.
TÜBINGEN, Germany - Last month, after an antitrust review and the commercial registration of the company, Sachs Micro Mobility Solutions GmbH started. It's a joint venture of BrakeForceOne (BFO), ZF and Magura.The company debuts at Eurobike.
SHANGHAI, China - Big-Ben bicycle component manufacturer selected the China Cycle Show for the introduction of their own saddle brand; Selle Mio.
FARMINGTON, USA - In combination with the publication of its disappointing financial report on 2017 - 2018 U.S. based Vista Outdoor Inc.
Today Accell Group NV announces that it has taken over 100% of Beeline Bikes shares. Beeline is a mobile bike shop franchisee operator that delivers
ZHUHAI, China - The importance of omni-channel on the rapidly changing bicycle market and the implications for folding bike specialist Dahon
REUTLINGEN, Germany - The acquisition of Frankfurt based Cobi by Bosch eBike Systems has been finalised this morning. The intention of the take-over
TAICHUNG, Taiwan - In the first nine months of 2017 revenue and net income of Taiwan's leading bicycle producer Giant Manufacturing
KENT, USA - Accell North America has presented a new omni-channel distribution set-up which is offering dealers various options in the fulfilment
Edco Engineering, manufacturer and supplier of hi-end carbon wheels, components and accessories, has been declared bankrupt. Main reason for the bankruptcy
Accell Group will facilitate increased online consumer sales. It announced this change in strategy at the presentation of its financial results
Kryptonite launched their first ring lock series. It will include both stand-alone ring locks and ring locks with plug-ins offering various.....
REDDITCH, UK - UK's biggest bike retailer looks to expand its internet reach and has gained access through its new acquisition to premium brands such as Cube, Giant and Specialized.
