BUSETO PALIZZOLO, Italy - Lombardo Bikes has acquired Cicli Olympia, one of the oldest Italian bicycle brands, to create a production hub for bicycles made in Italy. Lombardo, founded in 1952 now counts itself as the largest bicycle manufacturer in Italy. The financial details of the deal have not been disclosed other than that it was secured entirely through Italian capital.

MISANO ADRIATICO, Italy - The seventh edition of the Italian Bike Festival (IBF) emphasised its position as an international show for the cycling industry in Italy. After Padova, Verona and Milan, the industry has found a new opportunity to present itself at the Misano World Circuit.

MILAN, Italy - At the height of the bicycle boom, with forecasts of 20% growth on 2019 figures and over 2 million units sold in 2020 according to the national association estimates, Italian cycling companies are now facing the challenging consequences of the pandemic. Nine leading companies in the bike sector gave their view in this report on what is happening and what to expect for 2021.

BUSETO PALIZZOLO, Italy - "The double-digit growth trend which started last year will continue into 2021 and I think it will take until 2023 before the supply chain situation will consolidate," says Emilio Lombardo, CEO of Cicli Lombardo S.p.A. which is among the top four Italian bicycle manufacturers.