Thomas Voeckler stops to talk to boo-ing spectators
Mergers/Acquisitions
Posted May 23, 2012
HEERENVEEN, Netherlands (BRAIN) Wednesday May 23 2012 8:47 AM MT—Accell Group N.V. has completed the purchase of all issued shares in Raleigh Cycle Limited, the company announced Wednesday.
Posted May 17, 2012
World Triathlon Corporation, the owner of the Ironman events and trademark, has sold its two-year-old magazine to a group of investors that includes WTC executive and former Triathlete magazine owner John Duke.
Posted May 9, 2012
SARATOGA SPRINGS, NY (BRAIN) Wednesday May 9 2012 5:59 PM MT—Serotta has entered into a partnership agreement with financial services firm Bradway Capital to accelerate the handcrafted bike manufacturer’s research, design and production.
Posted May 3, 2012
BLOOMINGTON, MN (BRAIN) Thursday May 3 2012 12:18 PM MT—Steve Flagg and Mary Henrickson have acquired a majority stake in SmartEtailing, developer of websites and software for more than 1,000 U.S. specialty bike dealers.
Posted May 1, 2012
CHATTANOOGA, TN (BRAIN) Tuesday May 1 2012 3:38 PM MT—Peter Hurley, currently CEO and president of American Bicycle Group, has acquired a majority interest in the company, ABG announced Tuesday.
Posted April 27, 2012
CLOPPENBURG, Germany (BRAIN) Friday April 27 2012 3:05 PM MT—Derby Cycles’ license to sell Raleigh in parts of Europe will continue even as one of its primary competitors, Accell Group, takes over ownership of the British brand.
Posted April 26, 2012
WASHINGTON, DC (BRAIN) Thursday April 26 2012 9:55 AM MT—Raleigh America president Steve Meineke said the brand's acquisition by Accell Group will allow it to return to the top tier of U.S. bike brands.
Posted April 26, 2012
LONDON, UK (BRAIN) Thursday April 26 2012 6:15 AM MT—Accell Group NV has completed its purchase of Raleigh Cycle Ltd., one of the oldest and largest bike companies in the world, for about $80 million.
Posted April 4, 2012
NUNSPEET, Netherlands (BRAIN) Wednesday April 4 2012 9:16 AM MT—Shimano Europe Holding has bought Bike Fitting BV, a 25-year-old Dutch company that develops bike fit measuring instruments.
Posted April 3, 2012
SEATTLE, WA (BRAIN) Tuesday April 3 2012 4:39 PM MT—The sun never sets on Raleigh, a 125-year-old company with operations across the British Commonwealth and beyond.
Posted April 3, 2012
HEERENVEEN, Netherlands (BRAIN) Tuesday April 3 2012 7:27 AM MT—Accell Group is in talks to buy Raleigh Cycle Limited, the owner of the Raleigh, Avenir and Diamondback brands.
Posted March 29, 2012
Editor's note: The following article appears in the March 15 issue of Bicycle Retailer & Industry News.
By Steve Frothingham
Posted February 23, 2012
BAY SHORE, NY (BRAIN) Feb 23, 12:19 MT— White Lightning has bought the company that markets the Chain Condom, a product designed to protect car interiors from bike chains. White Lightning is renaming the product the Chain Johnny.
Posted February 19, 2012
On Friday, after months of negotiations, Cervélo founders and owners Phil White and Gerard Vroomen sold their 16-year old company to Pon Holdings, the Dutch company that also owns Germany's Derby Cycle and the Holland's Gazelle.
Posted February 17, 2012
ALMERE, Netherlands/TORONTO, Canada (BRAIN) Feb 17, 1:00 MT—Pon Holdings announced today that it has finalized negotiations that began in December to acquire Cervélo Cycles.
Posted February 14, 2012
TORONTO, Canada (BRAIN) Feb 14, 14:10 MT—Cervélo's relationship status with Pon Holdings remains, to use Facebook terminology, complicated.
Posted February 9, 2012
EINDHOVEN, Netherlands (BRAIN) Feb 9, 14:13 MT— The Dutch owners of Lake Cycling have sold the shoe brand to Lake Cycling International B.V., a newly formed company also based in the Netherlands.
Posted February 7, 2012
NOVATO, CA (BRAIN) Feb 7, 11:58 MT—A new owner at Marin Bikes will allow the 26-year-old company to invest in "a little of everything," a company executive told BRAIN Tuesday morning.
Posted January 31, 2012
HELSINKI, Finland (BRAIN) Jan 31, 14:32 MT— Mavic ended 2011 up 14 percent in sales, following fourth quarter growth of 17 percent, according to earnings released Tuesday by its parent company Amer Sports.
Posted January 30, 2012
HUTTWIL, Switzerland (BRAIN) Jan 30, 12:32 MT—
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