Bikeleasing take-over financially rewarding for new majority owner
FRANKFURT, Germany – Private equity company Brockhaus Technologies acquired a majority stake of around 60% in Bikeleasing in July 2021. The German...
3T aims to expand production in Italy with Uturn investment
PRESEZZO, Italy - UTurn Investments, an independent family fund announced their investment in 3T to facilitate the company’s new development path, in...
Vittoria changes hands to new private equity investor
BREMBATE, Italy - Private equity investors Telemos Capital have signed a binding agreement to acquire a majority stake in Italian tyre manufacturer,...
Giant Group continues to grow in Q3 despite challenges
TAICHUNG, Taiwan - Giant Group's net sales reached NT$70.8 billion (€2.2 billion) in the first three fiscal quarters of 2022, a 14.5% increase over...
Shimano reports market cool down for second consecutive quarter
OSAKA, Japan – The global presence makes it possible for Shimano to compensate for fluctuations in various market. Thanks to big differences between...
Cicli Pinarello accelerates investment plan after reporting promising...
VILLORBA, Italy - Road bike brand Cicli Pinarello s.r.l. reported double digits increase in both turn-over and gross operating margin during its...
€19.8 million deal sees Deporvillage shift hands to JD Sports holding...
ALICANTE, Spain - Iberian Sports Retail Group, has acquired an additional 18% holding in Spanish online retailer Deporvillage. This latest...
Shakeout imminent in US bicycle retail?
NEW YORK, USA – On the outside, it looks like the bicycle industry has learned to adapt to the new reality with higher transport costs, irregular...
Bike Europe issue 5/2022 available online now
ZEIST, The Netherlands – The October edition of Bike Europe magazine (issue 5/2022) is now available to read online in our digital magazine section....
BikeExchange appoints new CEO as revenues rise
SYDNEY, Australia – Online bicycle shop and marketplace BikeExchange Limited has announced some top management changes including a new CEO. In its...