Mergers, Acquisitions & Investments
PRZASNYSZ, Poland (BRAIN) —Kross S.A., the largest Polish bike manufacturer, has purchased Multicycle, a Dutch e-bike brand that declared bankruptcy last year.
ARLINGTON, Va. (BRAIN) — Trek Bicycle has acquired Revolution Cycles, with locations in and around Washington, D.C. Nearby Trek dealers are mostly positive about the move.
PORTLAND, Ore. (BRAIN) — The online bike registry platform Project 529 has acquired the National Bike Registry and is integrating the two programs, which have nearly 400,000 bikes in their combined registries.
GREENWICH, Conn. (BRAIN) — Italy's Pinarello bike brand has been purchased by L Catterton, a U.S.-based private equity firm. The luxury brand conglomerate LVMH, the owner of Louis Vuitton and other brands, is a part owner of L Catteron. A purchase price was not released.
ROCHESTER, N.Y. (BRAIN) — Blackout Distribution, which owns the Kink and Mission BMX brands, has acquired Cinema BMX,.
HOLSTEBRO, Denmark (BRAIN) — Danish high-end component and bearing manufacturer CeramicSpeed has acquired Friction Facts, a Boulder, Colorado-based testing lab.
MADISON, Wis. (BRAIN) — Saris Cycling Group is expanding its portfolio of bicycle infrastructure products with the acquisition of Bike Fixtation.
MIAMI (BRAIN) — J&B Importers has acquired Alienation, the Mill Valley, California-based BMX aftermarket and OEM component brand.
Alienation is best known for its front-specific BMX rim, and for its wheel systems using TCS (Tubeless Compatible System), licensed from WTB.
SCOTTSDALE, Ariz. (BRAIN) — EDCO USA has acquired the Faster cycling performance center, which includes a low-speed wind tunnel and bike fit studio.
ANTWERP, Belgium (BRAIN) — Shimano Europe has agreed to acquire Lazer Sport NV, the Belgian helmet brand.
The companies agreed to the deal on Thursday. After clearance from authorities, the acquisition is expected to close in the second half of this year, Shimano said.
BREMBATE, Italy (BRAIN) — Italty's 3T Cycling Srl will acquire THM Carbones GmbH, a high-end carbon components brand based in Germany. The companies said the acquisition will be completed in August.
BOULDER, Colo. (BRAIN) — Eco Brands Group, the parent of Green Guru Gear and Ecologic Designs, has acquired another recycled products manufacturer, Seattle-based Alchemy Goods.
BOISE, Idaho (BRAIN) — K-Edge has new owners and is planning a re-branding, as two of its co-founders — Joe Savola and his wife, the Olympic cyclist Kristin Armstrong — have sold their interest in the brand to AceCo Precision Tools. K-Edge co-founder Eric Jensen been has appointed president.
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