Industry News

HEERENVEN, the Netherlands (BRAIN)—Accell Group N.V. has taken notice of the intention of Pon Holdings B.V. to make a public offer for all outstanding shares of Derby Cycle
at a price of € 28 per share.

Tagged Earnings/Financial Reports

CLOPPENBURG, Germany (BRAIN)—Derby Cycle has reached an agreement with Dutch Pon Holdings to acquire all the company’s shares, averting a hostile takeover by competitor Accell Group.

Pon, one of the largest family-owned businesses in the Netherlands, is an international trading and service company.

“We view this as a new transit system that’s self-powered. The idea is to have so many stations, it’s easy to get from one point to another quickly. It fills in the gap in the existing transit system and allows people to pick up a bike at one location and drop it off at their destination.”

LAS VEGAS, NV (BRAIN)—The Light Electric Vehicle Association (LEVA) saw a much bigger crowd this year. This was largely due to the test track being almost four times larger, which accommodated more than 600 riders—a 50 percent increase over last year.

Tagged Tradeshows and conferences / Interbike

PHILADELPHIA, PA (BRAIN)—The Philly Bike Expo returns for a second year in late October with this year's theme being "Origin of the Species — the Evolution of the Mountain Bike."

Tagged Consumer Expos and Rides

VANCOUVER, British Columbia (BRAIN)—Rocky Mountain Bicycles has moved its distribution center from Carson, California, to Salt Lake City, Utah.

Tagged Distributor news

By Jason Norman

The steady stream of online competition has been flummoxing not only to brick-and-mortar retailers for the past several years, but to leading suppliers as well.

Tagged Web/Internet

MASER, Italy (BRAIN)—Sidi took over distribution this month in its home market of Italy with the formation of a new company-owned subsidiary, Sidi Italia.

Sidi Italia replaces a longtime distributor in that market.

Tagged Distributor news

KOBLENZ, Germany (BRAIN)— Germany’s Canyon Bicycles will bring its consumer direct model to the U.S. with product showing up potentially as early as 2013, the company’s Stefan Gabler said. Canyon hired Gabler about six months ago as project manager for the U.S.

KHS and Marzocchi have announced the winners of the 2011 Interbike OutDoor Demo Contest.

Congratulations go to Jonathan Wade Yazzie of Bright Angel Bikes in Grand Canyon, Arizona. He test rode a KHS DH Team, filled out a survey and will receive a KHS DH300 downhill frame for his efforts.

WATERLOO, WI (BRAIN)—In an effort to create a greater, and more connected, network of cycling advocates in the United States, Trek Bicycle has partnered with People for Bikes to increase and reach and potential impact of those who will rally support for local and federal spending on bicycle infrastructure.

Tagged Advocacy/Non-profits

BLOOMINGTON, MN (BRAIN)—The QBP Shock Treatment Center (STC) has achieved certification as an official X-Fusion authorized service center for forks, rear shocks and adjustable seat posts.

Tagged Distributor news

CLOPPENBURG, Germany (BRAIN)— Derby Cycle announced Monday that it’s in advanced negotiations with a new strategic partner to take over all shares of the public company.

WATERLOO, Wisconsin (BRAIN)—Trek has taken over distribution of the Bontrager and Trek brands in Mexico and started selling directly to retailers in that country this month.

Trek was previously distributed by Teknobike for the past decade, and has been present in the Mexican market for 20 years.

"No, I crash too much."

—Barry Bonds, commenting on the Interbike show floor if he races bikes currently.

BLOOMINGTON, MN (BRAIN)—QBP will dramatically increase its inventory of Zipp products in 2012.

Tagged Distributor news

NEW YORK, NY (BRAIN)—New York City will launch a comprehensive bike share system that will include Manhattan and parts of Brooklyn in 2012.

LAGUNA HILLS, CA (BRAIN)—Jeff Schumacher, formerly Sports Authority's chief marketing officer, "has resigned from The Sports Authority," the company said in a brief statement.

Tagged People

SEATTLE, WA (BRAIN)—LeMond Fitness has appointed Verde PR & Consulting as its public relations agency of record.

Tagged People

HAVERHILL, MA (BRAIN)—Mavic has added Scott Carey to its network of independent sales representatives.

Tagged People

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