IRVINE, USA - Felt Bicycles founder and long-time head of sports marketing Jim Felt will be departing the company he founded in partnership

PARIS, France - Yesterday the second generation of Paris' self-service bicycle rental system, the Vélib' Métropole was presented in the French capital.

VIENNA, Austria - Signa Retail - a company under the umbrella of the Austrian real estate and retail giant Signa Holding GmbH -

DEERFIELD BEACH, USA - LEV Manufacturing, formerly known as Life Electric Vehicles, and Lane VC have announced the acquisition of Serial 1 Cycle Company, LLC. Serial 1 as a brand was established in 2020 as an independent brand of Harley Davidson.

SAN VENDEMIANO, Italy - Cytech, who manufactures pads and palms for cycling apparel under the Elastic Interface brand has acquired a majority stake in Italian accessory and glove manufacturer, Pasasport. "The take-over allows us to accelerate the expansion of Elastic Interface into new markets and diversify our product offering in the cycling sector and across other sports," explains Cytech CEO Massimo Fregonese.

ZURICH, Switzerland - The Indian tiger strikes in Switzerland for the second time within a few months. Following the acquisition of Ego Movement, TVS Motor Company has taken over the majority of Swiss E-Mobility Group (SEMG) from Constellation Capital. The intention seems clear; The Indian mass producer wants to gain a foothold in the booming e-bike market in Europe.

MILAN, Italy - Victor Luis investment fund Asobi Ventures Inc , acquired a majority share in Gruppo Srl, the parent company of prestigious Italian bicycle manufacturer Cinelli and historic tube manufacturer Columbus. Terms of the transaction were not disclosed.

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.

BRUSSELS, Belgium - Bike Republic, Colruyt Group's chain of bike shops, is planting its flag in Brussels for the first time following the take-over of the large bicycle retailer, IMP Bike. The acquisition puts Colruyt Group on course for further expansion in the French speaking part of Belgium.

After announcing its intention to sell its bicycle business as part of its group portfolio, stock-listed Amer Sports Oyj has now entered into an exclusive agreement with global private equity firm Regent Equity Partners, LLC to sell Mavic S.A.S. The purchase price