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.

  • 4891_istock1033960094_bike2_832590_crop
    Article

    Green awareness provides greater tailwind for bike stocks in 2021

    2022-01-13T12:05:00

    2021 had it all: on the one hand, more lockdowns, virus variants, inflation, zero or negative interest rates, supply bottlenecks, political crises, trade and other wars, etc. On the other hand, 2021 experienced a world stock market that trudged steadily upward. This also gave our 2021 cycling stock some major ...

  • Pierer Mobility
    Article

    Pierer Mobility records strongest growth with e-bikes

    2022-01-12T16:06:00

    According to Austrian two-wheeler specialist Pierer Mobility AG, the 2021 financial year shone with new records – so much that the board raised its sales forecast even before the publication of the preliminary key data for 2021 on Feb. 1. Previously, the publicly listed company had communicated a sales forecast ...

  • Bike Profi Logo
    News briefs

    ANWR Group’s exit from Bico has no impact on Swiss Bike Profi

    2022-01-11T17:02:00

    The exit of ANWR Group as a minority shareholder from the German bicycle trade organization Bico Zweirad Marketing GmbH has no impact on the Swiss bicycle trade organization Bike Profi. Bike Profi operates under the umbrella of ANWR-Garant Swiss AG.

  • SKS Standpumpenmontage
    News briefs

    SKS Germany with record sales in 2021

    2022-01-11T09:32:00

    For German bicycle accessories manufacturer SKS Metaplast Scheffer-Klute GmbH (SKS Germany), 2021 was a special year: the company not only celebrated its 100th anniversary but also achieved record sales of around €87 million. In total, the company sold 1.2 million air pumps, 4.5 million permanently mounted and 2 million clip-on ...

  • Logo BIKE&CO
    Article

    Sport 2000 parent ANWR Group exits as shareholder of Bico

    2022-01-04T08:58:00

    At the end of 2021, German bicycle purchasing group Bico Zweirad Marketing GmbH took over the 25.1 percent stake held by ANWR Group e.G. by mutual agreement. As a result, the ANWR Group – a community of independent retailers that is, among other things, the 100-percent parent company of the ...

  • Magura Leomavel
    News briefs

    Magura’s parent acquires Leomável Moldes

    2021-12-22T09:10:00

    Effective Jan. 1, 2022, the German holding company Magenwirth Technologies Group is taking over 100 percent of Portugal’s Leomável Moldes, Lda. With the acquisition of the long-standing partner, the parent company of two-wheel brake specialist Magura is expanding its plastics technology capacities. The company did not disclose any details of ...

  • Trickstuff-Zentrale in Pfaffenweiler (bezogen Anfang 2021)
    News briefs

    DT Swiss takes over brake specialist Trickstuff

    2021-12-21T12:52:00

    Effective Jan. 1, 2022, Swiss bicycle components manufacturer DT Swiss AG will fully acquire German bicycle brake specialist Trickstuff GmbH. No details were provided on the sale price. Trickstuff has made a name for itself primarily with high-end performance products - particularly disc brakes. The driving force is owner and ...

  • MIPS_logo
    News briefs

    MIPS moves up to Nasdaq Stockholm’s Large Cap segment

    2021-12-20T11:08:00

    Following Nasdaq’s annual review of the market capitalization of listed companies, Mips AB, which scores with its innovative helmet technology BPS (stands for “Brain Protection System”), is moving up from the Mid Cap to the Large Cap segment of Nasdaq Stockholm. The move will be effective January 3, 2022.

  • @simonthon_MarcusDiekmann_1
    News briefs

    Diekmann resigns CEO post, joins Rose Bikes advisory board

    2021-12-16T10:34:00

    In November, in addition to his role as managing partner of DTC bicycle manufacturer and retailer Rose Bikes, it was announced that Marcus Diekmann would also assume the position of second managing director at International Brands Company KG (IBC) starting in 2022. Now Rose Bikes announced that Diekmann will join ...

  • MOC 2021_12
    News briefs

    Protective with new showroom in Munich

    2021-12-13T16:06:00

    German brand Protective, managed by Regensburg-based R&D Protective GmbH, has moved into a showroom at Munich’s MOC event and order center. Just in time for the pre-order start of the 2022/23 fall/winter collection, Protective is presenting its bikewear and the new Nordic line, which is celebrating its pre-order premiere, on ...

  • Accell Group logo 2021.jpg - 1
    Article

    Excellent financial year enables Accell to repay government Covid credit facility

    2021-12-13T10:45:00

    Based on its sales and profit growth in 2021, Netherlands-based Accell Group N.V. will fully repay its “Go-C” facility issued during the Covid-19 pandemic before the end of the year. In this context, the Dutch company has also converted its existing revolving credit facility (“RCF”) from seasonal to full-year availability.

  • EU-Flagge
    Article

    Reduced VAT on bicycles and e-bikes soon possible in the EU

    2021-12-09T10:50:00

    On Dec. 7, the Council of the EU reached an agreement on updated rules for VAT rates. Under the new rules, member states will be able to apply reduced VAT rates to the supply, rental and repair of bicycles - “including electric bicycles.” Conebi, the European umbrella organization for national ...

  • RP Designs:Ellsworth Logos
    News briefs

    ASG Group sells U.S. bike brand Ellsworth to RP Designs

    2021-12-09T10:47:00

    In May 2018, the brand’s previous South African importer, ASG Group, had acquired California-based Ellsworth Cycling from BST Nano Carbon and incorporated it into its ASG North America subsidiary. Company founder Tony Ellsworth had then left “his baby” mid/end of 2018. However, ASG was apparently not entirely satisfied with the ...

  • Ming Cycle:Dekor kleben1
    Article

    Despite serious bottlenecks, Taiwan’s bicycle and e-bike production grows at double-digit rate

    2021-12-07T09:14:00

    Compared to other countries, the island nation of Taiwan has come through the pandemic in the best possible way. Thanks to safety measures taken in good time this is certainly also related to the experience gained with the SARS virus several years ago.

  • EICMA
    Article

    Visitor numbers for EICMA 2021 at pre-pandemic level despite restrictions

    2021-12-01T09:49:00

    The enthusiasm and confidence for the international two-wheeler exhibition EICMA seem unbroken. With a total of 342,644 visitors, the 78th edition of the show, which took place from Nov. 25 to 28 at the Fiera Milano in Rho, had reached the capacity limit permitted by current law. Although EICMA traditionally ...

  • Corratec Romania-Halle_Master
    News briefs

    Corratec invests in additional production facility in Romania

    2021-11-22T15:57:00

    After a long search, German bicycle brand Corratec has found a perfect site for another European production facility. As early as February 2022, the first Corratec-branded bicycles and e-bikes are expected to roll out of an existing factory site with several factory buildings measuring around 30,000 square meters each on ...

  • BOC_E-BikeStore_Lingen
    News briefs

    40th B.O.C. store in Germany is e-bike-only

    2021-11-19T13:45:00

    With its 40th store in Germany, multi-channel bicycle retailer Bike & Outdoor Company GmbH & Co. KG (B.O.C.) is opening its first B.O.C. e-bike-only store on Nov. 25. It has a total area of 1,000 square meters and is located in an industrial park northeast of Lingen (Ems). In total, ...

  • Leatt
    Article

    Leatt with the next sales and profit record

    2021-11-15T12:08:00

    South African two-wheeler protective equipment manufacturer Leatt Corporation, which trades over-the-counter (“OTC”) in the U.S., has set further records for sales and net profit in the third sales quarter of the current fiscal year 2021. Q3 results were not only the best in the company’s history but also marked five ...

  • Bike24engl
    Article

    Supply bottleneck slows Bike24’s third quarter

    2021-11-15T12:08:00

    German e-commerce cycling, running and swimming sports retailer Bike24 Holding AG, which has been listed on the stock exchange since mid-2021, reported good sales growth and continued high demand for its third quarter of the current fiscal year 2021. However, due to the “persistently tense situation on the sourcing market,” ...

  • Decathlon Logo
    News briefs

    Decathlon Germany unveils ambitious business plan, with cycling and outdoor as key pillars

    2021-11-10T14:00:00

    According to its just-launched 2022 to 2026 business plan, Decathlon Germany aims to more than double its sales to a total of €2.5 billion by 2026. To achieve this, the company wants to transform itself from a specialist sports retailer to a holistic sporting goods platform, according to information from ...

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