KOBLENZ, Germany - LRMR Ventures of global icon LeBron James and Maverick Carter, together with SC Holders announced a strategic equity investment in Canyon Bicycles GmbH. Canyon reports they will work with LRMR and SC to increase engagement in the US and in the e-bike category, elevate global brand awareness and deliver the best online shopping experience.kst...

OSNABRÜCK, Germany - One of Europe's largest automotive parts distributors WM-SE has entered the e-bike market with the acquisition of Fischer Bike owner MTS Group. For a non-disclosed price, transport and logistics service provider DB Schenker Deutschland AG sold its successful subsidiary after an failed attempt to disinvest in 2018.

BRUSSELS, Belgium - In contrast to the e-bike imports into the European Union, the bicycle imports declined significantly during the period January - May this year. The total import volume dropped by more than 15% from 2,577,256 units in 2019 to 2,181,239 this year. Taiwan's focus on e-bikes has a big impact on the top-ranking positions of bicycle exporting countries to the European Union. In line with last year's trends, China's export volumes to the EU-27 continues to increase.

DOETINCHEM, the Netherlands - According to a recent study conducted by the international industry market research agency 'Research & Market' the value of the global bicycle market will increase to 39.3 billion euro between 2018 and 2022.

BRUSSELS, Belgium - Already in 2017 the EU imports of regular bicycles from China showed a huge increase; by 54 percent to 635,000 units. Eurostat import data for the first half of 2018 shows that this vast growth continued.

JOURE, the Netherlands - The 100 anniversary celebrations of the bicycle lights and accessories supplier Spanninga was the moment for owner and CEO Feike Spanninga to advocate the quality label for bicycle lights in road safety.