Sushi Mobility GmbH, the once-bankrupt e-bike start-up, has been rescued from insolvency. With its latest investment, Wealth Collect Holding GmbH (WCH) hopes to breathe new life into Sushi Mobility, which slipped into insolvency on 14 November 2025. No details of the purchase price have been disclosed.
Kron Bicycle has completed the acquisition of Nishiki bicycle brand from Accell Group, marking a shift in ownership for the well-known Northern European bicycle brand. Accell Group, rumoured to be going through a second debt restructuring, has shed multiple subsidiaries this month in an effort to generate liquidity.
The announcement that Austrian Spar sold its domestic sporting goods chain Hervis, including all 134 existing stores in Austria, Slovenia, Croatia and Bavaria, marks a major shift in bicycle retail for Central Europe. The agreement, concluded this week, includes the transition of all employees. This move comes after the Austrian sporting goods retailer, which also sells a range of bicycle products, announced a "restructuring offensive."
American e-bike company Rad Power Bikes seems to have ended its unlucky streak this week, securing a buyer to take over the company following its bankruptcy announcement in late December. Life Electric Vehicles Holdings (Life EV) has committed to purchasing the company, including its inventory, intellectual property, software, furniture and more, for $13.2 million (€11 million), according to media reports.
Fresh rumours are circulating that Accell Group has entered its second debt restructuring in little more than a year, and they're creating quite a stir in the market. Accell Group insiders reportedly told the Financial Times that new restructuring talks are being prepared, as revenues are lower than expected. Analysts recently wrote that the group's sales are expected to drop 15% in 2025, with a further 9% decline expected this year.
Decathlon Pulse, the investment arm of the French retail giant Decathlon, is increasing its investment in existing strategic partner, Rebike Mobility GmbH. By expanding the partnership to become a majority stakeholder, the companies have reaffirmed their long-term commitment to "promoting the circular economy in the bicycle industry and supporting the professionalisation of the European secondary market for e-bikes."
