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International

NEW YORK (BRAIN) — Oath — the parent company of media titles including AOL.com, HuffPost, Yahoo Sports and Engadget — will become a major sponsor of the Cannondale-Drapac team in 2018.

OLATHE, Kan. (BRAIN) — Garmin has acquired Alphamantis Technologies Inc., a Montréal company that does aerodynamics testing and develops measurement technology for the cycling industry.

Tagged Mergers & Acquisitions

SANTEE, Calif. (BRAIN) — Sidi Sport has hired a new representative in Denmark for its cycling shoes after terminating it previous distributor over gray market violations.

CHICAGO (BRAIN) — Othon Henry Ochsner II, the president of Ochsner International, died Friday at age 83 after a short illness. Ochsner was well known in the industry for his love of the sport of cycling and of the finer things in life, including food, wine, automobiles, world travel and bicycles.

Tagged People

HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V.'s Supervisory Board intends to appoint Ton Anbeek as the company's next CEO and board chairman.

Tagged People

BEIJING (BRAIN) — Ofo, a Chinese company with plans to rewrite the global rules on bike sharing, got a $700 million cash infusion last week in another round of financing.

MADRID (BRAIN) — Motordealer is a new Spanish distributor for the Full Speed Ahead product line, effective July 1.

BRISBANE, Australia (BRAIN) — FE Sports has appointed Darren Harper as its national sales manager.

MADRID (BRAIN) — Spanish smart trainer brand BKOOL SL has appointed LARM SpA as its exclusive distributor for Italy, effective June 9. 

Bkool manufactures trainers and cycling software that is compatible with other systems such as Tacx, Elite and CycleOps.

MILAN, Italy (BRAIN) — Fulvio Acquati, the managing director of Deda Elementi for the last 18 years, has died after a short illness. 

AIGLE, Switzerland (BRAIN) — Ahead of this weekend's Grand Départ in Düsseldorf, Germany, the International Cycling Union has announced several safety changes, some of which will take effect this year and some next year. 

Tagged Racing & Sponsorship

KOBLENZ, Germany (BRAIN) — Canyon has received the Red Dot: Design Team of the Year 2017 award and its team will be included in the Red Dot Hall of Fame, the organization has announced.

Tagged Awards

LEANDER, Texas (BRAIN) — Sealant manufacturer Orange Seal has bee named the official sealant of Team Bora-Hansgrohe, which includes two-time defending world champion Peter Sagan.

PAAL-BERINGEN, Belgium (BRAIN) — Race Productions NV, parent company of Ridley, is taking over Belgian brand Eddy Merckx. Bart van Muylder, CEO of Diepensteyn NV and owner of Eddy Merckx Cycles, said that the company’s limited scale has had a negative impact on its purchase and sales prices.

Tagged Mergers & Acquisitions

TAICHUNG, Taiwan (BRAIN) — Ocean freight rates from Asian ports to the West Coast are on the rise as shippers have reduced capacity and as the global economy posts stronger growth.  

Velo's Stella Yu (Photo Wheel Giant)

TAICHUNG, Taiwan (BRAIN) — Stella Yu, founder and president of Velo, is getting a jump on the company’s 40th anniversary next year. Yu also turns 70 next year, and it will be the 10-year anniversary of the A-Team ride around the island of Taiwan.

MILL VALLEY, Calif. (BRAIN) — WTB has hired Johs Huseby as global OEM sales manager and for product development.

Tagged People

MADISON, Wis. (BRAIN) — Dorel Sports will host international distributors from approximately 15 European countries from June 26-29 to unveil the 2018 Mongoose line at its offices in Basel, Switzerland.

AIGLE, Switzerland (BRAIN) — Hein Verbruggen, who was president of the UCI from 1991 to 2005, died late Tuesday of leukemia, the UCI has confirmed.

The conference attracts 1,500 delegates, 260 speakers, and the King of the Netherlands.

NIJMEGAN, the Netherlands (BRAIN) — The international cycling conference Velo-city opened here Tuesday, with a record number of delegates in attendance and 260 planned speakers. Willem-Alexander, the King of the Netherlands, attended the opening ceremony and participated in a group ride afterward.

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