ESPOO, Finland - In the midst of Finland's abrupt repeal of its tax benefit scheme for company bicycles, which sent shockwaves through the national cycling industry, one company is making the bold choice to expand.
HEERENVEEN, the Netherlands — As part of its One-Accell strategy, Accell Group has disinvested its production facility Accell Bisiklet in Manisa, Turkey. The new owner is Bisan Bisiklet, also based in Manisa, confirms Accell Group spokesperson Uneke Dekkers. The takeover amount remains unconfirmed.
TAIPEI, Taiwan - London-based design and marketing consultancy Conductor has announced its expansion into Asia with the opening of its second location in Taipei, Taiwan. Conductor has made a name for itself in the biking industry for its work with big brand names like Specialized, Canyon and Classified - as well as its recent acquisition by Gruppo Media.
MUNICH, Germany - The future of Gocycle has come into sharper focus following confirmation that its maker, Karbon Kinetics Ltd., has partnered with a new investor. Founder and designer Richard Thorpe first hinted at the development in November, describing the partner as a "highly respected and competent" player in the e-bike industry. Now operating under the umbrella of an undisclosed company, Gocycle is entering a new chapter - raising questions about who's behind the brand's next move and what this means for its presence in the European market.
LONG BEACH, United States - Amid an increasingly volatile trade industry, independent testing and certification body ACT Lab has launched a global pricing initiative to support bicycle and e-mobility manufacturers in maintaining safe and compliant products. The "Tariff Reduction ACT" applies to mechanical and chemical testing services in bundled packages to help companies navigating the frequently shifting trade policies and disruptions in the supply chain.
DRESDEN, Germany - Online bicycle retailer Bike24 Holding AG closed its first quarter of 2025 with double-digit revenue growth in all European sales regions compared to the same period of the previous year and a €2.1 million improvement in operating results.
