ALKMAAR, the Netherlands - Wholesaler and cycling gear brand AGU has announced its take-over by EcoMotion and withdrawal of the chapter 11 status. Fierce competition on the local market in combination with multiple senior management changes in recent years lead to a declining market position of this one-time leading player in the Dutch cycling market.

ALKMAAR, the Netherlands - Wholesaler, exclusive agent for many brands and incubator for the Dutch retail market AGU has had to apply for Chapter 11 status and suspend payments.

ZWOLLE, The Netherlands - Last year, the Dutch high-end carbon wheel manufacturer, FFWD entered the gravel category with Drift wheels. Now, with the introduction of the new FFWD Two/One hubs, the company says it has created a 'bomb proof gravel set'.

ZWOLLE, the Netherlands - AGU, the Dutch company known for its cycling accessories, is selling the carbon wheel business unit, Fast Forward Wheels. The new owner is Henk Schipper, who founded the company in 2006.

Björn Jeurissen has been appointed as the new general manager of AGU Holding and AGU as of January 1, 2017. In the past 10 months AGU owner Peter van den Kommer acted as interim manager before handing over this position to Jeurissen.

ALKMAAR, the Netherlands - Robert van Houten joined AGU Holding and AGU BV as general manager, effective from November 3rd 2014. The position of general ...