All articles by Jo Beckendorff – Page 26
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News briefsKirschner 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 ...
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News briefsCarbon 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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ArticleGlobal 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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ArticleTaiwan’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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ArticleInvestor 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 briefsSteelworks 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 ...
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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 briefsSchwalbe producer Ralf Bohle strengthens management team
Source: Ralf Bohle GmbH Nico Simons 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 ...
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News briefsTaizo Shimano appointed new president of Shimano
Source: Shimano Taizo 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 ...
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ArticleZweirad 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. Behind the newly founded Zweirad Union E-Mobility stands an unnamed ...
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ArticleGiant 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 ...
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News briefsEnve 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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ArticleMTB 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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ArticleEuropean 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 briefsSigma 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 ...
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News briefsBurley 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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News briefsNew Rose Store in Cologne launches with new retail space concept
Rose Bikes, which has transformed itself from a BTC to an omnichannel provider, plans to open its sixth store in May in Cologne - first with a pop-up space only, followed by a grand opening in August, Covid regulations permitting. The two-story Rose Store in downtown Cologne will offer more ...
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ArticleDTC e-bike brand VanMoof heralds global stationary service expansion
As part of its core global strategy, flourishing DTC e-bike supplier VanMoof announces plans to expand its local presence from eight to 50 cities over the next six months. With this move, the Dutch company aims to strengthen its position “as an e-bike leader” in the field of urban mobility. ...
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News briefsMTB Tourism Congress 2021 more international and digital-only
“Roots - exploring the trail ahead” - under this title, the organizer, Mountainbike Tourismusforum Deutschland, invites participants to the sixth German Mountain Bike Tourism Congress. This year, due to the Corona pandemic, it will open its doors digitally only from May 4-6. Apart from that, the organizer promises more international ...
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News briefs
Prophete-Cycle Union Group completes management team
Prophete-Cycle Union Group, a German bicycle supplier, has completed its management team with Sven Elmers as its COO. The supply chain expert joins from competitor Derby Cycle. In his new role, Elmers is responsible for purchasing, production planning, assembly, logistics and workshop operations at both Prophete, which serves the mass ...
