All Bike & eBike articles – Page 56
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ArticleVista Outdoor to acquire Fox Racing
Virginia-based Vista Outdoor Inc, the parent company of 39 sports and outdoor brands, announced it has entered into a definitive agreement to acquire Fox Racing, a global provider of high-performance motocross, mountain biking and lifestyle gear from Irvine, California. The purchase price is $540 million, with the possibility of earning ...
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News briefsStorck launches third crowdfunding campaign
The German company Storck Bicycle has launched another crowdfunding campaign, the third after 2017 and 2018. The campaign offers interested investors the opportunity to participate in the company founded in 1995 with a fixed interest rate of 6.50 percent per year with semi-annual interest payments. The investment limit is €1.5 ...
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News briefsSpecialized to establish European innovation center in Germany
Specialized has announced the merger with Denk Engineering, an independent design office in the cycling industry from Freiburg, Germany. “This merge is an important part of a larger strategy to develop our European Innovation Hub,” Scott Maguire, CEO of Specialized, said. “We will build a new state-of-the-art innovation center facility ...
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ArticleRossignol Bikes available in most EU countries and U.K.
Source: Rossignol After the French Groupe Rossignol SA decided to focus entirely on its own Rossignol brand in the bicycle sector as part of a radical restructuring phase, no stone was left unturned. At the beginning of 2021, the domestic bicycle and pedal subsidiary Time Sport International ...
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News briefsRebike launches in France
Rebike, a provider of reconditioned e-bikes based in Munich, is bringing its refurbishment offering to France, now also offering refurbished premium e-bikes on the online platform www.rebike.com/fr. All models come from leading brands, are only three and up to 24 months old and have often been ridden less than 2,000 ...
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News briefsChinese e-bike drive system producer Mivice establishes European subsidiary
As part of its internationalization efforts, another e-bike drive system maker from China is looking to enter the booming European e-bike market. By founding the subsidiary Mivice Europe GmbH in Nuremberg, Germany, the company has also brought two experienced European industry experts on board. Source: Mivice Horst Schuster, ...
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News briefsKids’ bike brand Woom defines company sustainability goals
Woom bikes, an Austrian specialist for kid’s bikes, has set and published its new sustainability goals. By 2030, Woom aims to reduce emissions of climate-damaging substances (including all direct emissions and energy consumption at company sites) by 42 percent. This reduction target has been recognized by the Science Based Targets ...
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News briefs
Pro Days in Paris getting bigger
Pro Days, the professional bike trade show in Paris, will be hosted in halls 4 and 6 at Expo Porte de Versailles on a total exhibition area of 30,000 square meters. Last year, the event only took hall 4 of the Porte de Versailles facilities. The upcoming edition of the ...
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News briefsCosmo Connected raises €6 million from angel investors
Cosmo Connected, a French start-up specializing in connected safety accessories for users of bikes and scooters, has raised €6 million from Patrice Pastor (J.B. Pastor), Adrien Dassault (Tikehau Capital), Gary Anssens (Alltricks), Sarona VC and several private investors, Le Figaro has reported. In addition, Cosmo Connected is opening its capital ...
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News briefsKiska Munich brings in renowned designer Benjamin Turck
Source: Kiska Munich Benjamin Turck Since May, the E-Bike Development Center (EBDC) founded by Alex Thusbass in Munich for Husqvarna Bicycles, has been operating under the name Kiska Munich. Now the bike design agency has bolstered its team with Benjamin Turck, an industry-experienced designer for the hybrid ...
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News briefsBig Gear Show owners plan e-bike show in Denver in 2023
The owners of The Big Gear Show, Lost Paddle Events, are planning an e-bike trade and consumer show for 2023 that would currently be the first B2B2C expo focused solely on the needs of e-bike brands, dealers, suppliers, and consumers. The show, which has been announced under ...
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News briefsPatagonia Worn Wear offers repair service on trails in Germany and Austria
For the first time this summer, the Patagonia Worn Wear team is offering free repair of zippers, tears, holes, seams and more of clothing that has suffered and deserves a new life - no matter what the brand - directly on some of the most popular MTB ...
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ArticleNew products for Tour de France brand merchandise
Tour de France is introducing a new brand, “Maillot Jaune,” with products for cyclists of all abilities. Italian equipment supplier Santini is supporting the launch with the creation of an initial exclusive collection that celebrates the Tour. New manufacturers will be called on to support the brand in the future. ...
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News briefsKKR acquires 96% of Accell Group
The consortium led by Kohlberg Kravis Roberts & Co. (KKR) has now acquired 96.9 percent of Accell Group’s share capital, although the 80 percent acceptance period was not quite reached. Under the tender offer, 5,671,703 shares were tendered during the acceptance period, representing approximately 21.1 percent of the total outstanding ...
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ArticlePorsche Ventures invests in London-based bicycle insurance provider
Laka, a London-based bicycle insurance provider that announced a $12 million Series A round earlier this year, has secured additional funding from Porsche Ventures, the venture capital unit of Porsche AG, bringing the total round to $13.5 million. The Series A funding was initially led by Autotech Ventures, followed by ...
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News briefsSwedish insurer criticizes Hövding
The Swedish trade publication ehandel.se reports that Hövding’s “airbag” bicycle helmet failed to inflate in German crash tests conducted by the government testing agency BaST in a collision with a car traveling at 40 kilometers per hour. This, in turn, prompted Folksam, a Swedish insurance group based in Stockholm, to ...
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News briefsBuff sponsors East African cycling team Amani
Buff has announced a new partnership agreement with the pro cycling team Amani to become their official sponsor of head and neck products, both for cycling and for day-to-day use.
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News briefsPivot Cycles promotes global sales manager to president
Source: Pivot Cycles Bryan Mason U.S.-based MTB and gravel bike company Pivot Cycles has promoted its current global sales manager, Brian Mason, to president. He will oversee management team members and key departments in his new role, “including all operations of Pivot’s Stuttgart, Germany offices.” Mason began ...
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ArticleUSWE acquires Oregon-based Giant Loop, opens U.S. subsidiary
Swedish company USWE Sports AB has agreed to acquire U.S. companies Giant Loop LLC and Armadillo Bag LLC, among the most successful brands in the soft-bag segment for the off-road market in the U.S. The fixed acquisition price totals approximately $3 million, of which roughly $1.5 million will be paid ...
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News briefsPOC launches helmet designed for end-of-life recycling
Swedish brand POC has introduced the Myelin, a new cycling helmet that can be disassembled into its individual components at the end of its life, and its parts can then be recycled. The helmet is made from 50 percent recycled materials. The shell is made from woven recycled fabric and ...
