Jo Beckendorff

Jo Beckendorff is correspondent of Bike Europe, RadMarkt, co-founder of Eurobike Show Daily/ESD and Taipei Cycle Show Daily/TSD, amongst other things, and based in Munich, Germany.

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    News briefs

    Children’s bike manufacturer Woom moves assembly to Poland


    After a group of investors acquired just under a third of the company shares in children’s and youth bicycle supplier Woom in the fourth quarter of 2020, the Austrians say the investment will be used, among other things, for near-market assembly. Since the beginning of the year, the assembly of ...

  • Pierer Mobility

    Pierer Mobility with new sales and revenue records in Q1


    Listed Austrian company Pierer Mobility, a specialist in motorized two-wheelers, sold 87,197 motorcycles and 19,256 e-bikes in the first three months of the year despite global supply chain problems. The result was also driven by high global demand for individual mobility, triggered in part by Corona. Compared to the previous ...

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    Hama Group acquires majority stake in Messingschlager


    With retroactive effect as of Jan. 1, Hama, a leading international supplier of accessories for consumer electronics, has acquired a majority stake in Messingschlager, one of the world’s largest importers of bicycle accessories. With Hama’s entry, Messingschlager intends to set the course for future growth in good time.

  • G-Form
    News briefs

    Protective equipment maker G-Form acquired by Eldridge Industries


    On April 9, U.S. protective equipment maker G-Form announced that it has been acquired by Greenwich, Connecticut-based investment holding company Eldridge Industries. Details of the purchase price were not disclosed. The transaction provides the brand, known for its protectors for a variety of team sports including baseball, soccer, field hockey ...

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    News briefs

    Kirschner Fahrradmanufaktur launches third bike brand


    This season, the German premium bicycle supplier A.&A. Kirschner Fahrradmanufaktur is rolling out a third brand. In addition to Falkenjagd, which specializes in titanium frames, and Rennstahl, which specializes in steel frames, there is now a third premium brand, Parapera. This one relies on carbon frames for the comparatively young ...

    News briefs

    ​Carbon specialist REIN4CED receives further financial boost


    REIN4CED, a specialist in lightweight fiber-reinforced composites, has successfully completed its €7 million Series B capital increase led by European venture capital firm Capricorn Partners NV. This capital injection is intended to support the Belgian carbon expert on its ambitious path “to become the leading supplier of lightweight, strong and ...

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    Global bicycle stocks Q1 2021: The soaring continues


    While most of the existing problems caused by the Corona crisis have yet to be resolved, the global stock market is relying on hopes — hopes for a bright post-Corona future. Instead of going into crisis mode, it is simply bypassing all the economic killers that are piling up. Supported by further stimulus packages and the open money floodgates of central banks, the stock market remains high. Our cycling stock chartists are ahead of the curve. They rely on another serious advantage: the bicycle and e-bike sales boom pushed by Corona led to excellent business figures last year. These were announced in the first quarter of this year. Some of the record results were a good impetus for the development of the share value in Q1 2021.

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    Taiwan’s 2020 exports: It’s all about e-bikes


    How did Taiwan’s valuable bicycle and e-bike unit and value exports master challenging 2020 - the so-called “Corona Year One”? Export statistics published by the Taiwan Bicycle Association (TBA) provide detailed information.

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    ​Investor acquires majority stake in Elastic Interface maker Cytech


    With an initial investment from its private equity fund PM&Partners III Fund, Italian private equity firm PM&Partners SGR has joined Cytech (aka Cyctech Group aka Cypad Group) as a majority shareholder. The investor intends to support the group in its ambitious development plans. The management team, which will continue to ...

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    News briefs

    Steelworks by Thyssenkrupp ceases innovative steel frame project


    Five years ago, a group of enthusiastic road-biking employees at Thyssenkrupp wondered what would be possible today with a road bike made of steel. This idea gave rise to the steel giant offshoot Steelworks by Thyssenkrupp. The goal was to “bring all the advantages of steel to a road bike ...

  • News briefs

    German Bicycle Industry Association welcomes new managing director


    On April 1, Burkhard Stork officially took over as the new managing director of the German Bicycle Industry Association (ZIV). He is filling the big shoes of former Siegfried Neuberger, who passed away suddenly in the middle of last year. Stork is no newcomer to the industry. He already served ...

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    News briefs

    Schwalbe producer Ralf Bohle strengthens management team


    German Ralf Bohle GmbH, the manufacturer of the bicycle tire brand Schwalbe, has added a fourth executive to its previously three-person management team consisting of Frank Bohle, Holger Jahn and Andreas Grothe. On April 1, long-time sales manager Nico Simons was appointed to the top management team as chief sales ...

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    News briefs

    ​Taizo Shimano appointed new president of Shimano


    Shimano, the global leader in bicycle components, announced some structural changes at its 114th general meeting of shareholders and the board of directors on March 30. Yozo Shimano, currently serving as the fifth president and the first president from the third generation of the Shimano family, will move up to ...

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    ​Zweirad Union unveils production plan for Sangerhausen factory


    Following the takeover of insolvent German bicycle manufacturer Sachsenring Bike Manufaktur in mid-February, the new owner, the German Zweirad Union E-Mobility und Produktion, has now communicated the first roadmap and outlines for future market-oriented bicycle production in the Sangerhausen plant.

  • Giant Group Logo

    Giant Group sets further sales and profit records in 2020


    For fiscal 2020, Taiwan’s largest bicycle manufacturer, Giant Group, reports total sales of New Taiwan Dollars 70.01 billion (€2.08bn-$2.45bn). This is an increase of 10.3 percent compared to the previous year. Rising global demand for both traditional and e-bikes also led to record profits. At TWD 4.95 billion (€147.29m-$173.43m), profit ...

  • Enve
    News briefs

    Enve Composites offers first custom carbon frames “Made in USA”


    Since Amer Sports was acquired by Chinese sporting goods multi Anta Sports in 2019, the Finns (following the Mavic sale in mid-2019) have had only one bike product left in their portfolio. Now Enve Composites, one of the leading exponents of the finest carbon bicycle wheelsets and components among carbon ...

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    MTB cycletech manufacturer Velobaze calls it quits


    On March 25, partners, dealers and suppliers of Swiss MTB Cycletech producer Velobaze received the news that the manufacturer’s business operations “will be discontinued with immediate effect due to the current economic situation.” According to the Velobaze board of directors, this step had to be taken despite significant financial investment ...

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    European carbon bike frame factory opened in Portugal


    Together with German carbon forge All Ahead Composites as a technology partner and Taiwanese supplier Art Collection Corporation as a design partner, the Portuguese companies Ciclo Fapril, Miranda Bike Parts and Rodi Rims & Wheels have established a European carbon frame factory under the name Carbon Team. In 2016, these ...

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    News briefs

    Sigma presents new brand logo


    To strengthen its Sigma brand, German bike computer and lighting provider Sigma Sport-Elektro has introduced a new, modern logo just in time for the new season. According to the company, the rebranding also represents the ongoing development of Sigma, which is currently undergoing a transformation process: “Sigma has chosen the ...

  • Burley Design
    News briefs

    ​Burley expands distribution in the Nordic region


    U.S. bike trailer and child seat expert Burley Design is expanding its distribution to the Nordic region (Denmark, Finland, Norway, Sweden) through a new partnership with Denmark-based Cycle Service Nordic. This partnership grants independent bicycle dealers access to Burley products and the ability to include the brand’s trailers and accessories ...

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