All Bike & eBike articles – Page 68
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News briefs
Dorel raises purchase price to go private
Cerberus Capital Management has agreed to pay 10.3 percent more than previously planned to acquire control of Dorel Industries – whose assets include major bicycle brands such as Cannondale, Schwinn, GT, Mongoose, Caloi and IronHorse – following exchanges and discussion with shareholders holding more than 50 percent of the group’s ...
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News briefsSyring to leave Thule, Dittmer takes over Central European sales
Thule Group announced on Jan. 29 that company veteran Wolfram Dittmer will assume sales responsibility for Central Europe as a result of the resignation of Thomas Syring, who led the Swedish brand’s Central European sales for the past four years. In total, Syring had been with the company for nearly ...
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News briefsArgon 18 to open European headquarters
After Copenhagen-based investor Henrik Lyngbye Pedersen and his company, Bregnerød Investeringsselskab Aps, increased their stake in Canadian road cycling and triathlon outfitter Argon 18 to a strategic (albeit undisclosed) majority stake in early 2019, ties to Denmark have now been further strengthened: On Jan. 26, the Montréal, Québec-based premium bike ...
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News briefsDorel to appeal decision on retrospective tax payment in Europe
Montréal-based company Dorel Industries said it plans to appeal a decision that would force one of the company’s subsidiaries to pay €46.8 million in taxes plus interest in connection with the transfer of certain assets made in the context of an international corporate reorganization made in 2015. The decision was ...
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News briefs
Propain Bicycles hires global brand manager
Source: Propain Bicycles Volker Knaus Volker Knaus has joined the team at German niche custom brand Propain Bicycles as global brand manager on Jan. 1. After spending five years building and managing the European marketing and sales office of U.S. mountain and gravel bike supplier Pivot Cycles ...
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ArticleGreenstorm Mobility: new majority shareholder, new management
Greenstorm Mobility, a young Austrian e-mobility company that combines e-mobility with a sharing and second-hand concept, has a new majority shareholder and a new management duo. While a British private equity firm, Bregal Milestone, invested a “double-digit million amount” in 2018, it now gave another unspecified cash injection, making it ...
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News briefsEnviolo welcomes bike industry veteran to its board
Source: Derby Cycle Mathias Seidler Bicycle component supplier Enviolo has announced the appointment of Mathias Seidler to its supervisory board. Seidler joined the Enviolo board in Dec. 2020 and is an entrepreneur with a long track record in the bike market. His background includes companies such as ...
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News briefs
More ebikes sold in Finland thanks to the pandemic
The Finnish trade publication YouSport reports that according to statistics from the Finnish Fashion and Sports Trade Association, sales of electric bikes in the country increased to about 31,000 units in 2020, up from 9,000 in 2018 and about 16,000 in 2019. Vellu Taskila of Pyöräliitto (Finnish Cyclists’ Federation) told ...
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News briefs
Endura has planted 1.3 million trees in a year to offset emissions
Endura, a Scottish cycling apparel brand founded in 1993 and part of Pentland Brands since 2018, says it has now planted more than 1.3 million trees in Maputo Bay, Mozambique. That is 30 percent more than the original goal of the “One Million Trees” initiative announced in early 2020. With ...
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ArticleAnti-dumping duties on e-bikes from China do not benefit EU manufacturers as expected
Due to the anti-dumping and countervailing duties on Chinese e-bikes announced in mid-January 2019, e-bike exports from China to the EU shrank by 84 percent to 105,803 units the same year compared to 2018. While this double-digit decline was entirely at the expense of e-bike manufacturers in China, who were ...
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News briefsNew CSO at RTI Sports
Source: RTI Sports Peter Bretz Since the beginning of the year, Peter Bretz has been the new chief sales officer (CSO) at German bicycle parts and accessories wholesaler and importer RTI Sports. The experienced sales professional already worked as a sales representative for RTI Sports from 1993 ...
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News briefsSigma hires business development director for expansion of e-mobility division
Lars Adloff Lars Adloff took over the newly created position of director of business development at the German bike components and accessories manufacturer Sigma Sport on Jan. 1. Adloff’s main tasks will include supporting national and international OEM customers in the field of drivetrain systems, components and ...
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ArticleStrong growth for Storck Bicycle
German bicycle manufacturer Storck Bicycle, which celebrated its 25th anniversary last year, says it is satisfied with its performance in the past fiscal year (2020) despite the challenges posed by Covid-19. “Although the impact of the Corona pandemic is affecting the entire industry, we are in an excellent position for ...
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ArticleLeva-EU calls for change in legislation that discriminates against e-bike manufacturers over China components
Europe’s trade association and sole voice for the light electric vehicle industry, Leva-EU, says companies that exclusively assemble e-bikes face discrimination that threatens their existence. It also hurts the Green Deal goals outlined by the commission “and could severely hamper the EU’s net-zero emissions target.” Currently, e-bike ...
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News briefsShimano Blue to provide neutral support at all A.S.O. pro races
On the occasion of its centennial, Shimano has announced an expanded partnership with the Amaury Sport Organization (A.S.O.), the organizer of prestigious stage races such as the Tour de France, the Vuelta, Paris-Nice and the Critérium du Dauphiné, as well as prestigious one-day classics such as Paris-Roubaix, Liège-Bastogne-Liège, Flèche Wallonne ...
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ArticleBüchel integrates Kuhnert and Exal into group portfolio
In streamlining the organization, Kuhnert Drahtwaren and Exal Europe have been integrated into the Büchel Group. “Since Jan. 1 of this year, Büchel GmbH & Co. Fahrzeugteilefabrik KG has taken over the joint business operations of the two companies,” reads a statement from the German bicycle parts manufacturer’s corporate headquarters ...
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News briefsUrban Drivestyle presents four-wheeled cabin pedelec prototype
E-mobility startup Urban Drivestyle Berlin has presented the first prototype of a four-wheeled cabin pedelec called the Duo Moke. With its fat tires, it is more reminiscent of an e-Kettcar or an e-beach buggy. On its blog, the company displays it as a stylish e-mobile for cool urban jungle tours. ...
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News briefs
Bern Helmets prepares for future development
Bern Helmets has announced an expanded leadership team. Founder Dennis Leedom will join Adam Godwin, CFO, in leading a team of seasoned action sports professionals from the new headquarters in the Cordage Commerce Center, a renovated industrial park in Plymouth, Massachusetts. Leedom has more than 25 years of experience in ...
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News briefs
Liv Cycling strengthens its commitment to women in professional cycling
Liv Cycling, a U.S.-based company committed to getting more women on bikes, has expanded Liv Racing and its 2021 squad, officially welcoming Linda Indergand (SUI), Sarah Hill (RSA) and Dani Johnson (USA) to the team. This news follows Liv’s recent announcement as the exclusive partner of the Liv Racing Women’s ...
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News briefsSpecial needs bike producer Van Raam buys Polish factory
To meet the high demand for special needs bikes, Dutch special and therapeutic bike producer Van Raam has bought a factory in Poland. The contract was signed already in mid-December. No information was provided on the purchase price. The factory is located in the southwest of the country, in Wykroty, ...
