Trangoworld has announced that Manuel Lucea, the company's chief executive, is retiring. He will be replaced by Diego Hidalgo Nourry, the current director of production.
Kettler Alu-Rad , a member of Europe’s leading bicycle purchasing cooperative Zweirad-Einkaufs-Genossenschaft ( ZEG ), is beginning with the construction of a new production facility in the German state of Saarland. As early as the first quarter of 2022, the first e-bikes are expected to roll off the production ...
The A.S. Adventure Group is changing its name to Yonderland as it completes a financial reorganization under which its bank lenders have acquired a minority stake in the company. In addition to rescheduling its debt, it will also receive a capital injection of €25 million to support its ...
SRAM , the private maker of bicycle components, plans to issue a $1.1 billion term loan to finance a special distribution of $750 million to its shareholders, after a banner year in which its sales jumped to $974 million, thanks to the recent bike boom. The rest of the proceeds ...
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