All Bike & eBike articles – Page 52
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News briefs
Boa wins another DI.A award
Boa Technology has won its second Design & Innovation Award (DI.A), after the one it won in 2016 for its IP1-S platform. The winning product is its Li2 dial platform, a bayonet and cartridge system – like the L6 platform – made mostly of anodized aluminum. Introduced this autumn, ...
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Bollé expands product and design teams
In addition to a series of hires to support its marketing, business, e-commerce and corporate social responsibility departments, Bollé Brands Group has added several industry veterans to its helmet, goggle and sunglass innovation team. Corentin Daniel was appointed global product engineer, a newly created position, and brings 17 years of ...
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North American Handmade Bicycle Show 2022 to be held in Denver
According to founder and organizer Don Walker, the North American Handmade Bicycle Show (NAHBS), which was once planned for March 2020 but postponed to August due to Covid and eventually canceled, will open its doors next year in 2022 in Denver, Colorado, not Dallas, Texas, as planned for 2020. Denver ...
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Uvex Group builds new logistics and service center
With a symbolic groundbreaking ceremony on Sept. 27, the Uvex Group gave the starting signal for the construction of the new, modern and sustainable logistics and service center in Rednitzhembach, Germany. The building, which has been pre-certified by the German Sustainable Building Council (DGNB), will begin to take shape in ...
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Article
Listed majority owner of Bikeleasing-Service renamed
On June 16, German technology group Brockhaus Capital Management AG (BCM), which has only been traded on the stock exchange since July 2020, signed a purchase agreement to acquire a majority stake in Bikeleasing-Service GmbH & Co. KG (BLS), “a leading digital B2B platform for the highly automated brokerage and ...
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Prophete Group with management change after successful turnaround
In mid-2019, when the German bicycle supplier Prophete Group ran into difficult waters, the two owner families, Lönne and Prophete, brought the turnaround consultancy Struktur Management Partner GmbH on board. Interim manager Felix Schwabedal was tasked with designing and implementing the restructuring. Effective Oct. 1, 2021, he will now be ...
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Swiss e-bike pioneer Flyer takes off in North America
Like the German mountain bike manufacturer Propain Bicycles, Swiss e-bike pioneer Flyer AG, part of Europe’s largest bicycle buying group ZEG (Germany), is also using this year’s U.S. bicycle festival Sea Otter Classic in Monterey, California (Oct. 7-10), to enter the U.S. market. Flyer is not only eyeing the ...
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Propain Bicycles goes America
German niche D2C brand Propain Bicycles (custom handcrafted mountain bikes) is using the 2021 Sea Otter Classic U.S. bicycle festival in Monterey, California, which has been moved from its traditional May date to Oct. 7-10, to introduce itself along with its newly formed subsidiary Propain Bicycles USA. With this move, ...
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Departure of BH Bikes Market Manager Germany leads to restructuring
After eight years with Basque bicycle manufacturer Bicicletas De Alava, S.A. - better known as BH Bikes - Steffen Krill is leaving the company. As market manager Germany and Austria, he built the brand in these markets practically from scratch. Under his aegis, the German subsidiary BH Bikes Deutschland GmbH ...
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Cake closes $60 million fundraising for future growth
Stockholm, Sweden-based SOG member Cake reported that its latest financing round of $60 million – $14 million in convertible bonds and $46 million in financing – exceeded expectations. The round was anchored by Swedish pension fund AMF, investing alongside a handful of new investors and with support from current shareholders ...
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Vittoria Group doubles LTT production capacity with $20 million investment
With an investment of $20 million, Italian bicycle tire manufacturer Vittoria S.p.A. plans to double the production capacity of its manufacturer Lion Tyres (Thailand) Co. (LTT). The new factory will not only increase capacity, but also create “the world’s first carbon-neutral production facility for bicycle tires,” according to the company. ...
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Article
For one-time bonus payment: Bike24 starts share buyback
German e-commerce cycling, running and swimming sports retailer Bike24 Holding AG has been trading on the stock exchange floor since the end of June 2021. The company’s shares, which once launched with a purchase price of just €15 and then often moved up, but also sometimes down, were well up ...
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DTC e-bike brand Cowboy heads to the U.S.
DTC e-bike brand Cowboy announced on Sept. 23 at the Micromobility America Conference in San Francisco that it is expanding its business to the U.S. At the same time, the Belgian brand is expanding in Europe: the addition of Sweden and Denmark brings the number of served country markets to ...
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Canyon Bicycles CEO to leave the company
Source: Canyon Taking over as CEO on an interim basis on October 1: CFO Winfried Rapp Canyon Bicycles CEO Armin Landgraf has decided to leave the D2C bicycle supplier for personal reasons at the end of September. He agrees to continue to assist the company as an ...
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Mondraker with new headquarter in Spain
Spanish premium bicycle supplier Mondraker has moved into its new headquarters in Elche, 30 kilometers southwest of Alicante. The new building combines everything under one roof - all departments, offices and also production are located close to each other. According to the company, this creates synergies and increases efficiency. However, ...
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USWE finalizes acquisition of VOID Cycling
USWE, the Swedish specialist for backpacks for two-wheeling, running and winter sports enthusiasts, has completed the acquisition of VOID Cycling that was previously announced in July. The company will be fully integrated into USWE Sports AB. Since signing the purchase agreement in July, USWE and the former owner, Tenson BV, ...
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Fazua acquires Innotorq
German e-bike drivetrain manufacturer Fazua has acquired Innotorq, an inventor of a unique and patented integrated torque sensor technology for hub motors. No details of the sale price were disclosed. Fazua is taking over all business operations and will seamlessly transfer Innotorq technology and components to customers. The acquisition is ...
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Article
Bollé Brands Group with executive changes for e-com, CSR, marketing and sales
Bollé Brands Group has hired new staff for its marketing, business, e-commerce and corporate social responsibility departments to support the plan to strengthen both its digital and local presence, raise awareness of all the group’s brands - Bollé, Cébé, Spy+ and Serengeti - and strengthen its socially responsible investment policy. ...
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Ego Movement signs strategic partnership with TVS Motor Company
As part of an agreed strategic partnership, Indian two- and three-wheeler manufacturer TVS Motor Company has acquired a (unspecified) majority stake in e-bike provider Ego Movement. The partnership was signed on Sept. 16. Ego Movement is an (e-)brand of Zurich-based Swiss Go AG. For TVS, the deal is the second ...
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Porsche subsidiary takes off with connectivity-driven e-bike brand
Source: Porsche Digital Cyklaer Gravel Racer Porsche’s offshoot Porsche Digital has expanded its product portfolio with a new digital business model in the field of urban mobility called Cyklær. With the new brand, the company intends to build a platform for digital services around the cycling experience ...