All Pon.Bike articles
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News briefsPon.Bike acquires Italian cycling shoe brand Nimbl
Pon.Bike, the subsidiary of Dutch family holding company Pon Holdings B.V., which has become a leading European cycling company with more than 15 brands, has acquired the emerging premium cycling shoe brand Nimbl, based in Porto Sant’Elpidio, Italy. Details on the sale price were not disclosed. Founded in 2020, Nimbl ...
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ArticleAspire Sports expands distribution of Cannondale and GT to more European countries
Source: Aspire Sports Central and Eastern European countries served by Aspire Sports Czech wholesaler and importer Aspire Sports S.R.O. is expanding the distribution of U.S. premium bicycle brands Cannondale and GT Bicycles, which belong to Dutch mobility group Pon Holdings B.V. and its subsidiary Pon.Bike since early ...
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ArticlePon Holdings cracks €10 billion in 2022
For the first time in the history of the family-run mobility company, Pon Holdings B.V. cracked the €10 billion sales mark last year. The Dutch company attributes this to the growth boom in sales of e-cars, e-bikes and e-equipment. The Pon.Bike division (brands Cervélo, Focus, Gazelle, Kalkhoff, Santa Cruz, Union, ...
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ArticlePon.Bike celebrates groundbreaking in Lithuania
In early 2022, the Dutch mobility group Pon Holdings B.V. announced plans to invest in the construction of a new state-of-the-art bicycle and e-bike production facility in Lithuania. In September 2022, it was confirmed that, despite all the odds of our times, they were on schedule to open in 2024. ...
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ArticleCannondale’s new organizational structure without European head
Source: Cannondale Marco Kind After Canadian conglomerate Dorel Industries sold its Dorel Sports bicycle division – comprising Cycling Sports Group (CSG) and Pacific Cycle Group (PCG) – to Dutch company Pon Holdings B.V. last year, work has been underway to integrate the acquired brands. Cannondale, the U.S. ...
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ArticlePon.Bike commissions YIT Lietuva to build new factory in Lithuania
After 2L Architects UAB – the Lithuanian architectural firm responsible for the design of the new factory – received the building permit at the end of September, on Nov. 18, the Dutch bicycle company Pon.Bike officially commissioned the construction company YIT Lietuva to build the 40,000-square-meter facility in Lithuania’s Kėdainiai ...
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News briefsCEO of Dorel Sports resigns
According to several media reports, Peter Woods, president and CEO of Dorel Sports (brands Cannondale, Caloi, GT, Mongoose, Schwinn, etc.) since 2013, has resigned. Dutch Pon Holdings’ bicycle business Pon.Bike (brands Cervélo, Focus, Gazelle, Juliana, Kalkhoff, Santa Cruz, Union, etc.) had announced the acquisition of Canadian Dorel Industries’ bicycle business ...
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ArticlePorsche gathers even more e-bike power
After unveiling its first e-bike under the Cyklær brand with partner Storck Bicycle in 2021 and acquiring a majority stake in e-bike manufacturer Greyp Bikes the same year, Porsche continues to invest in its non-automotive future, particularly in the fast-growing e-bike market. The Stuttgart-based sports car manufacturer has now announced ...
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ArticlePon.Bike invests in third European production facility in Lithuania
While Dutch mobility company Pon Holdings B.V. is still maintaining a low profile, the Lithuanian investment promotion agency Invest Lithuania announced on Jan. 24 that Pon.Bike – the bicycle division of Pon – will open a new production facility in the 320-acre Free Economic Zone (FEZ) of Kėdainiai, 50 kilometers ...
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ArticlePon Holdings acquires Dorel Sports
The Dutch Pon Group and Canadian conglomerate Dorel Industries Inc. officially announced on Oct. 11 that Pon.Bike (brands Cervélo, Focus, Gazelle, Juliana, Kalkhoff, Santa Cruz, Union, etc.) will acquire Dorel Sports (brands Cannondale, Caloi, GT, Mongoose, Schwinn, etc.). According to the two parties, this mammoth marriage will create “a leading ...
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ArticleVolkswagen enters bicycle leasing and financing business
On February 18, Volkswagen Financial Services , a wholly-owned subsidiary of German automaker Volkswagen ( VW ), announced an expansion of its broad range of mobility services to include leasing and financing of bicycles and e-bikes. The new business will be generated through VW Volkswagen Financial Services’ investment in ...
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ArticlePon sells stake in Accell
According to reports in various Dutch media, Pon Holdings B.V. sold its 20-percent corporate stake in competitor Accell Group N.V. at the end of last year. At the time of writing, no official comment was available from either Pon or Accell. In 2017, Pon Holdings, which is well-positioned ...
