COPENHAGEN, Denmark - "All operational activity has ceased," reads the email from Lasse Almgren, the CEO of the Danish start-up known as Pentalock. The company, under the name of Danish Mobility System 1 ApS, filed for bankruptcy on August 11.
COPENHAGEN, Denmark - The Danish bike sector is steadily growing these days, thanks to the ever-growing demand for e-bikes and the country's emphasis on living an active, health-conscious lifestyle.
COPENHAGEN, Denmark - As Scandinavia's primary tradeshow for both consumers and industry participants, the Copenhagen Bike Show 2025, continues to grow. Held in the first weekend of March, this year's edition set new records for both visitor and exhibitor numbers.
ARHUS, Denmark - Promovec Group A/S, supplier of e-bikes and drive systems, has acquired the remaining 25% of battery manufacturer Viridus Manufacturing A/S. This acquisition marks the end of the joint venture partnership with Chinese company Greenway.
TERNDRUP, Denmark - As part of its continued growth investments, Danish online bike retailer Cykelgear, has merged with fellow Danish e-commerce business, Cykelpartner. Although the agreement unites the two online platforms under the same corporate group, both will continue to operate as independent brands in Denmark. The financial details of the deal have not been disclosed.
APELDOORN, the Netherlands - To step up Merida's presence, the Benelux distributor of the Taiwanese manufacturer has expanded into Denmark as the official importer for this country. This strategic move strengthens Merida's foothold in the Scandinavian region, furthering the brand's commitment to delivering high-quality bikes and cycling gear to a wider audience.
