All Bike & eBike articles – Page 65
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News briefsOne millionth e-bike mid-motor leaves Brose’s production line
Late, but not too late, the German family-owned company Brose Fahrzeugteile came up with the electrifying idea to transfer its long experience as a supplier of electric motors for the automotive industry to the e-bike industry. In 2014 – when e-bikes were already gaining momentum – the company started a ...
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News briefsPOC presents first bike helmet with new Mips Integra
POC and Mips are entering a new phase in their long-standing partnership, which began back in 2009. After renewing its partnership with Mips in 2019 following some disagreements over POC’s proprietary protection system called Spin, POC has now launched the market’s very first bike helmet with Mips’ new Integra technology, ...
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News briefsUvex Sports Group acquires majority stake in Hiplok
Germany’s Uvex Sports Group has acquired a majority stake in U.K.-based Hiplok manufacturer, Plus 8 Industries Limited. Details of the purchase price or the exact stake were not communicated. Uvex Sports Group will now add the Hiplok brand to its portfolio alongside the existing Alpina and Uvex brands, “bundling competencies ...
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ArticleEurobike still on course for physical event in September
Messe Friedrichshafen reports that, irrespective of the currently still pending political framework for holding trade shows, there is high interest in the international bike industry for Eurobike 2021. More than 800 exhibitors have already registered for the 29th edition of the show, which is scheduled to take place Sept. 1-4 ...
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News briefsOrtlieb launches new brand campaign (Video)
Ortlieb kicks off the 2021 season with a new brand campaign created by the Nuremberg-based marketing agency Stilbezirk that has already worked for other sporting goods brands, including Adidas, Uvex or Vaude. Merging emotional images from the Ortlieb factory in Heilsbronn, Germany, with those from a bike and hike trip ...
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News briefs
7Mesh names French sales rep
Source: 7Mesh Ludovic Thépin As part of its international expansion, Canadian high-end functional bikewear brand 7Mesh Industries Inc. has hired a new sales representative in France. Effective immediately, Ludovic Thépin and his newly formed agency Reson8 will represent the brand from his hometown of Lyon. Thépin has ...
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News briefs
Larry Enterline retires from Fox Factory
As reported earlier, Larry L. Enterline, who has been at the helm of bicycle and other on/off-road specialty vehicle suspension specialist Fox Factory Holding Corp. for nearly a decade, will retire on April 2. The board has now appointed the current lead independent director and audit committee chairman, Dudley Mendenhall, ...
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News briefsCairngorm Capital invests in Whyte Bikes
London-based investment firm Cairngorm Capital Partners LLP has announced its strategic partnership and investment in bicycle supplier Whyte Bikes Limited. The unspecified cash injection is intended to accelerate the growth of the St. Leonard on Sea, West Sussex-based bicycle and e-bike supplier. Whyte Bikes was founded in 1999 by Derek ...
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ArticleBamboo producer buys 31.8% of Merida Italia
Forever Bambù, a company active in the cultivation of giant bamboo through biodynamic and symbiotic agriculture, has acquired 31.8 percent of Merida Italia, the Italian branch of Taiwan’s Merida Corporation. The transaction was carried out as part of a €2 million capital increase, of which €750,000 were signed by Forever ...
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News briefsOlympic champion Callum Skinner launches rear-vision cycling glasses
Callum Skinner, the British former track cyclist and Olympic medalist, is launching special sunglasses that allow cyclists to see also behind them. The glasses were invented by physicist Alexander Macdonald, developed with Skinner and designed by Bob Henderson, an award-winning optical engineer, after raising more than £100,000 (€115,35-$139,25) via a ...
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News briefsBafang invests in subsidiary for battery pack production in Suzhou
China’s e-bike powerhouse Bafang Electric has just invested in a new subsidiary in its hometown of Suzhou to ensure timely delivery and compatibility of battery packs with Bafang’s products. As a result, the company’s board of directors has decided to establish its third wholly-owned subsidiary, Bafang New Energy (Suzhou) Co. ...
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ArticleRecord quarter for Fox
Fox Factory Holding Corp., which manufactures performance-defining ride dynamics products primarily for bicycles, on-road and off-road vehicles and trucks, achieved record fourth-quarter sales, rising by 41.2 percent to $262.4 million. This increase reflects a 44.6 percent rise in its specialty sports group sales and a 38.7 percent gain in the ...
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News briefsMöve Bikes files for insolvency, search for investors in full swing
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 insolvency benefits. According to ...
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News briefs
Merger of two Danish bicycle retailers
Design Cykler, a Danish bicycle retailer based in Skive, Jutland, with eight physical stores in major cities, and Cykelpartner.dk are merging to form DCCP Group A/S. Kenneth Mortensen, the newly appointed director of DCCP, said in a press release, “It takes two to tango, and we’ve wanted to merge the ...
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ArticleHartje and Mavic cooperate in Benelux and Denmark
Effective March 1, German bicycle wholesaler and importer Hermann Hartje KG will distribute the French brand Mavic in Benelux and Denmark. In Germany, Mavic S.A.S. currently still distributes its products with its own team. Both partners have a long history: Hartje has been around since 1895, Mavic since 1889. In ...
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ArticleAmpler Bikes continues to expand after doubling sales in 2020
After doubling its sales last year, young B2C e-bike company Ampler Bikes is looking to simultaneously expand into other national markets this year while maintaining a high growth rate in Germany (currently the company’s most important market). For 2021, the Estonians have their sights set on Switzerland and the Netherlands. ...
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ArticleSRAM buys Time Sport’s pedal business from Rossignol Group
After having already announced that it had sold the carbon frame and fork production, including the RTM Composite factory of its subsidiary Time Sport International to the French-American investment and management group Cardinal Cycling Group, the French Groupe Rossignol is now also parting with the Time pedal division. The buyer ...
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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 Digital Mobility Leasing (26 ...
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News briefsCycling airbag brand Hövding records growth in 2020 despite pandemic
Source: Lina Arvidsson Fredrik Carling, CEO Swedish company Hövding, maker of an airbag collar for cyclists, reported that the number of units sold in 2020 increased by 35 percent and sales also increased by 35 percent compared to 2019. In the company’s year-end report, Hövding’s CEO Fredrik ...
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ArticleNiche e-bike brand Nox Cycles launches crowdfunding campaign
German-Austrian bike brand Nox Cycles, which set its course towards e-bikes in 2015 and founded Nox Cycles Austria GmbH based in Zillertal two years later, is currently attracting attention. Last year saw the launch of the construction of “Fort Nox”, a state-of-the-art, sustainable and resource-saving administration and production building with ...
