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Food industry group Heristo acquires Möve Bikes

2021-05-18T10:11:00Z

Germany’s Heristo Holding , a family-owned food industry group, is acquiring bicycle manufacturer Möve Bikes , which went bankrupt on Feb. 5. Together they want to ensure that one of the oldest German bicycle brands with innovative technologies enjoys a secure future. Heristo’s commitment also ensures that jobs at the ...

News briefs

Möve Bikes files for insolvency, search for investors in full swing

2021-02-26T08:55:00Z

German bike manufacturer Möve Bikes filed for insolvency on Feb. 5. Attorney Marcello Di Stefano of the Erfurt-based law firm Diligens Rechtsanwälte Insolvenzverwalter was appointed as provisional insolvency administrator. Business operations are currently continuing, and employees’ salaries have been secured through the advance financing of ...