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Mergers/Acquisitions

Posted February 25, 2015

BREMBATE, Italy (BRAIN) — Cervélo co-founder Gerard Vroomen has teamed with René Wiertz — the current president and CEO of 3T — to buy the component company.

Posted in North America Tagged Mergers/Acquisitions
Posted February 4, 2015

CARLSBAD, Calif. (BRAIN) — Zoot Sports, an endurance footwear and apparel brand, recently completed its previously announced acquisition of Squadra, a designer and manufacturer of custom cycling and triathlon apparel.

Posted in North America Tagged Mergers/Acquisitions
Posted January 15, 2015

SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin Ltd. has acquired iKubu (Pty) Ltd., a South African company that has developed a rear-facing radar system for bicyclists. iKubu introduced its Backtracker device at the Eurobike show last summer.

Posted in International Tagged Mergers/Acquisitions
Posted January 7, 2015

WATERLOO, Iowa (BRAIN) — GravelGrinderNews.com, a calendar of events for gravel racing and riding founded in 2008 by Mark "Guitar Ted" Stevenson, is merging with RidingGravel.com, a news site and forum for gravel rid

Posted in North America Tagged Web/Internet / Mergers/Acquisitions / Media/Publishing
Posted December 11, 2014

AMSTERDAM (BRAIN) — Reed Business BV, owner of Bike Europe, plans to sell off the European trade magazine along with 16 other business-to-business magazines and brands to Dutch publishing house B+B Vakmedianet.

Posted in International Tagged Mergers/Acquisitions / Media/Publishing
Posted December 5, 2014
Chris Tutton

BURNABY, British Columbia (BRAIN) — Fox Factory Holding Corp., the parent of the Fox suspension brand, has purchased Race Face Performance and Easton Cycling, the companies announced Friday.

Posted in North America Tagged Mergers/Acquisitions
Posted October 21, 2014

DURHAM, N.C. (BRAIN) — Implus Corp., known for its athletic products including Sof Sole, Yaktrax and Sneaker Balls, has acquired Trigger Point Performance.

Trigger Point makes a line of self-care products for athletes, including Grid foam rollers. A purchase price was not released.

Posted in North America Tagged Mergers/Acquisitions
Posted September 4, 2014

LÉVIS, Quebec (BRAIN) — Hawley-Lambert, parent company of U.S. distributor Hawley USA and Canadian distributor Lambert, has signed a letter of intent to acquire Simcoe Bicycles, a city bike manufacturer based in Toronto.

Posted in North America Tagged 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

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