Real all about MIFA

Chinese-born, German-based Tao Wang leads a group of investors and steers both SFM Bikes GmbH and Zweirad Union eMobility as CEO. - Photo Jo Beckendorff

Future is shining again for former MIFA/Sachsenring as Zweirad Union...

NUREMBERG, Germany - Tao Wang holds the dual role of managing director of SFM Bikes GmbH and CEO of Zweirad Union eMobility GmbH, which took over...

Zweirad Union COO Jens Mensing (l.) and Managing Director Tao Wang. – Photo Zweirad Union

Investment group unveils plans after take-over of bankrupt...

SANGERHAUSEN, Germany - While the agreement to acquire the insolvent bicycle manufacturer Sachsenring Bike Manufaktur GmbH had already been concluded...

With the take-over of Sachsenring Bike Manufaktur, 75 of the 120 employees will retain their jobs at the company. - Photo Sachsenring Bike Manufaktur

Insolvent Sachsenring Bike Manufaktur taken over by investor group

SANGERHAUSEN, Germany - Troubled German bicycle producer, Sachsenring Bike Manufaktur, is out of insolvency having been bought by a group of...

The court’s decision is an important victory for the numerous creditors of MIFA AG. – Photo Bike Europe

Court Ruling Gives MIFA Creditors New Hope

SANGERHAUSEN, Germany - The latest ruling of the court of appeal in the Germany city of Naumberg is likely to improve the insolvency rate for MIFA AG...

Eight months after the opening of a brand-new factory, MIFA returns to its old location in Sangerhausen. – Photo Bike Europe

MIFA is history; 'Sachsenring Bike Manufaktur' is new name

SANGERHAUSEN, Germany - "This was really a last-minute rescue," said MIFA administrator Lucas Flöther who sold the bicycle factory to investor Stefan...

MIFA is to move back to its old factory leaving the brand new facility unutilised. – Photo MIFA

MIFA Rescue Operation Enters Final Stage

SANGERHAUSEN, Germany - The future for MIFA looked very uncertain after the announcement in early June that the Puello family would not acquire the...

The Puello family will not turn MIFA into an experience factory. – Photo Bike Europe

Puello Family Pulls Out MIFA Take-Over Talks

SANGERHAUSEN, Germany - The family Puello will not acquire the German bicycle manufacturer MIFA as they are no longer participating in the take-over...

Will Susanne (right) and Felix Puello (left), presenting the latest Haibikes to the German Chancellor Angela Merkel at Eurobike 2014. – Photo Bike Europe

Family Puello Named as Possible New MIFA Owner

SANGERHAUSEN, Germany - The family Puello is named in the German media as the possible new owners of the troubled bicycle factory MIFA. Media reports...

MIFA’s administrator Lucas Flöther expects to complete the take-over of MIFA this spring. – Photo Bike Europe

New Owners Knocking on MIFA's Door

SANGERHAUSEN, Germany - MIFA's administrator Lucas Flöther confirmed that, "We are currently negotiating the take-over of the insolvent bicycle...

On short term and especially in Europe, with its excellent market prospects, takeovers and acquisitions will continue.

Growing Number of Acquisitions in Bicycle Industry

DOETINCHEM, the Netherlands - Clearly there's something brewing in the bike sector, both in Europe as in the US. That something drastic is happening...