BRAIN Seattle Dealer Tour
Mergers/Acquisitions
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—
Posted January 26, 2012
HONG KONG (BRAIN) Jan 26, 16:21 MT—Pryde Group, the parent company of Neil Pryde bikes, announced this week its acquisition of Imagine Surf, a player in the stand-up-paddle industry.
Posted January 23, 2012
VISTA, CA (BRAIN) Jan 23, 12:42 MT — Raleigh America has signed a multi-year global licensing agreement with LifeCore Fitness whereby it’s transferring the operation of its Diamondback Fitness division to the Vista, California, company.
Posted January 3, 2012
KETCHUM, ID (BRAIN)—What will Scott Sports do with the Syncros brand now that
Posted January 3, 2012
KETCHUM, ID (BRAIN)—Scott Sports has bought the components and accessories brand Syncros from Ritchey Design, Scott and Ritchey announced Tuesday.
Scott said the brand, most recently known for its downhill mountain biking products, will be expanded into the road and cross-country markets.
Posted December 23, 2011
Dutch conglomerate Pon, which recently bought Derby Cycle, has agreed to 'a financing arrangement' with Cervélo and has retained an exclusive option to purchase the Canadian company.
Cervélo announced the agreement late Friday on its website:
Posted December 22, 2011
CHATSWORTH, CA (BRAIN)—Those who have been patiently plugging away at e-bike sales in the U.S. hope Dutch juggernaut Accell Group’s entry into the market will be the shot in the arm the industry needs to jumpstart the sluggish category.
Posted December 19, 2011
HELSINKI, Finland (BRAIN)—Amer Sports, the Finnish owner of Mavic, will acquire women’s snowboard apparel brand Nikita as part of its priority to grow faster in soft goods.
Amer also owns Salomon, Wilson, Atomic, Arc’teryx, Precor and Suunto.
Posted December 15, 2011
ALMERE, Netherlands (BRAIN)—Pon Holdings now controls 92 percent of Derby Cycle Werke with the recent close of a second acceptance period of the Dutch company’s voluntary takeover offer.
Posted December 12, 2011
HEEREVNVEEN, Netherlands (BRAIN)— Accell Group N.V., the Dutch group that owns Seattle Bike Supply as well as the Batavus, Koga, Sparta, and other European specialty brands, has bought Van Nicholas, a Dutch titanium bike manufacturer.
Posted December 7, 2011
PORTSMOUTH, UK (BRAIN)—Online UK bike retailer Wiggle has been acquired by European private equity firm Bridgepoint for 180 million British pounds ($282.5 million).
Posted December 6, 2011
VISTA, CA (BRAIN)—Leemarc Industries, parent company of Canari Cyclewear, is the new owner of women’s cycling apparel brand Shebeest, company officials confirmed with Bicycle Retailer Tuesday.
Posted November 9, 2011
GRENCHEN, Switzerland (BRAIN)—BMC’s Andy Rihs and e-bike brand Stromer’s Thomas Binggeli have joined their companies under one banner, International Sport Holding (ISH). In doing so, the pair hope to give Swiss technology and manufacturing a boost in the international market.
Posted November 9, 2011
TUCSON, AZ (BRAIN)—Genuine Innovations is now a part of Illinois Tool Works (ITW), which runs 840 businesses in 57 countries and is one of the nation’s largest companies.
Posted November 3, 2011
HERZOGENAURACH, Germany (BRAIN)—Adidas announced Thursday that it signed a share purchase agreement to acquire outdoor action sports brand Five Ten.
Posted November 1, 2011
CLOPPENBURG, Germany (BRAIN)—Derby Cycle management board issued its opinion Tuesday supporting Pon Holding’s takeover offer, a key step before the transaction closes.
Posted October 14, 2011
FORT COLLINS, CO (BRAIN)—Swobo is moving from Santa Cruz, California, to Fort Collins, Colorado, as the brand re-launches under new ownership, according to a report by the Coloradoan.com.
Posted August 22, 2011
PARK CITY, UT (BRAIN)—Backcountry.com has acquired CompetitiveCyclist.com and its family of specialty retail stores.
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