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Mergers/Acquisitions

Posted August 25, 2014

HEERENVEEN, the Netherlands (BRAIN) — Accell Group N.V. has acquired Spanish parts and accessories supplier Comet S.L. Comet has exclusive distribution agreements with various major brands and sells bike parts and accessories to specialty retailers in Spain, France and Portugal.

Posted in International Tagged Mergers/Acquisitions
Posted July 25, 2014

LONDON (BRAIN) — Future plc, which in May sold off its cycling magazines and websites, including CyclingNews.com and BikeRadar.com, announced Friday that it is selling its last remaining endurance sports title, Triathlon Plus magazine.

Posted in International Tagged Mergers/Acquisitions / Media/Publishing
Posted July 16, 2014

SEATTLE (BRAIN) — K2 Sports has entered into an agreement to acquire custom cycling and triathlon apparel brand Squadra. The purchase complements K2 Sports’ growing portfolio of endurance sports brands, including Zoot Sports.

Posted in North America Tagged Mergers/Acquisitions
Posted July 2, 2014

LA CAÑADA, Calif. (BRAIN) — The owner of Eastern Mountain Sports and Bob's Stores has agreed to buy the California-based retail chain Sport Chalet, creating one of the largest sporting goods retailers in the U.S., with more than 150 stores and $800 million in total sales last year. EMS and Sport Chalet each sells bikes and bike accessories at some of their locations.

Posted in Retail News Tagged Mergers/Acquisitions
Posted May 29, 2014

LONDON (BRAIN) — Future plc has agreed to sell its Sport and Craft titles, including its cycling magazines and cycling websites, to Immediate Media Company for £24 million ($40.1 million), the company announced early Thursday.

Posted in International Tagged People / Mergers/Acquisitions / Media/Publishing / Earnings/Financial Reports
Posted May 13, 2014
UPDATE
Bult action-cam helmet at Interbike 2013

SCOTTS VALLEY, Calif. (BRAIN) — Most retailers are unfamiliar with the Southern California company C-Preme, but its patent-pending technology that integrates a video camera inside a helmet could add some zest to future helmet sales. That’s the strategic thinking behind BRG Sports’ acquisition Tuesday of the 4-year-old helmet company, Terry Lee, chairman and CEO of BRG Sports, told BRAIN in an interview late Tuesday.

Posted in North America Tagged Mergers/Acquisitions
Posted April 29, 2014

CHATTANOOGA, Tenn. (BRAIN) — American Bicycle Group has bought Tri-Cycle Bicycle Rentals, which rents bikes at multisport events in the Northeast.

Posted in North America Tagged Mergers/Acquisitions / Competition
Posted April 23, 2014
Chris Tutton

SCOTTS VALLEY, Calif. (BRAIN) — Chris Tutton, the new owner of the Easton cycling business, says that under his ownership the brand will get back to its roots as a scrappy, entrepreneurial business.

Posted in North America Tagged Mergers/Acquisitions
Posted April 23, 2014

SCOTTS VALLEY, Calif. (BRAIN) — Say goodbye to those public quarterly earnings reports and investor conference calls from Easton-Bell Sports. The termination of those reports is just one of the several changes resulting from the company's sell-off of its Easton-branded businesses.

Posted in North America Tagged Mergers/Acquisitions / Earnings/Financial Reports
Posted April 21, 2014
Updated

SCOTTS VALLEY, Calif. (BRAIN) — BRG Sports Inc. has agreed to sell its Easton cycling business to Chris Tutton, an industry veteran who owns Race Face Performance Products and is a former Easton OEM sales manager.

Posted in North America Tagged Mergers/Acquisitions
Posted February 13, 2014
Company to be renamed BRG Sports

VAN NUYS, Calif. (BRAIN) — Easton-Bell Sports, Inc. has agreed to sell its Easton baseball and softball business to Bauer Sports for $330 million, the company announced Thursday. It also said it is close to selling its Easton hockey business to "a third party."

Posted in North America Tagged Mergers/Acquisitions
Posted February 5, 2014

VEVEY, Switzerland (BRAIN) — The iconic brand PowerBar has a new owner—Post Holdings, the maker of Grape-Nuts, Post Raisin Brand, Honey Bunches of Oats and other foodstuffs.  Nestle SA sold the brand, along with its Australian sport nutrition company, Musashi, to Post. Nestle made the announcement Monday.

Posted in Industry News Tagged Mergers/Acquisitions
Posted January 31, 2014
Skip Hess

VISTA, Calif. (BRAIN) — Twenty-five days after Trek announced its purchase of Electra, Skip Hess, who led the brand’s development for almost five years, stepped down Friday telling Electra’s staff his decision to leave is effective immediately.

Posted in North America Tagged People / Mergers/Acquisitions
Posted January 21, 2014

BURNABY, British Columbia (BRAIN) — Dorel Industries' Sugoi Performance Apparel has acquired the mountain bike and lifestyle apparel brand Sombrio.

Posted in North America Tagged Mergers/Acquisitions
Posted January 20, 2014

WILMINGTON, Del. (BRAIN) — Blue Competition Cycles, which has been off the market for nearly two years, has been sold; the new owners and management say it will begin shipping 2014 model bikes this month.

Posted in North America Tagged Mergers/Acquisitions
Posted January 6, 2014
UPDATED

WATERLOO, WI (BRAIN) — Trek Bicycle announced that it has acquired Electra Bicycle Company. In a press release issued Monday morning, Trek said the move “provides Electra with business and logistical support as well as distribution assets that will ensure the growth of the brand.”

Posted in North America Tagged Mergers/Acquisitions
Posted December 23, 2013

CARREGOSA, Portugal (BRAIN) — Polisport Group has acquired the Dutch baby seat maker Bobike, the companies announced Monday.

Posted in International Tagged Mergers/Acquisitions
Posted December 20, 2013

SAN JUAN CAPISTRANO, CA (BRAIN) — Emerald Expositions, owner of Interbike, Outdoor Retailer and Bicycle Retailer & Industry News, has acquired GLM Markets and one of its trade shows, Surf Expo, for $335 million.

Posted in International Tagged Mergers/Acquisitions / Tradeshows and conferences
Posted December 5, 2013

PARK CITY, UT (BRAIN) — Backcountry has purchased Bergfreunde.de, an outdoor equipment e-commerce retailer that serves Germany, Austria and Switzerland. Backcountry, which owns CompetitiveCyclist.com, said the purchase marks its entry into the European market.

Posted in Retail News Tagged Web/Internet / Mergers/Acquisitions
Posted November 15, 2013

PAAL-BERINGEN, Belgium (BRAIN) — Ridley co-owner and CEO Jochim Aerts and an investment group have bought out the Kumpen family's share of the Belgium bike brand.

Posted in International Tagged Mergers/Acquisitions

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