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Mergers/Acquisitions

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 in North America Tagged Mergers/Acquisitions
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 in North America Tagged Mergers/Acquisitions
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 in North America Tagged Mergers/Acquisitions
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 in North America Tagged Mergers/Acquisitions
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 in North America Tagged Mergers/Acquisitions
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 in North America Tagged Mergers/Acquisitions
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 in North America Tagged Mergers/Acquisitions
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 in North America Tagged Mergers/Acquisitions
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 in North America Tagged Mergers/Acquisitions
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 in North America Tagged Mergers/Acquisitions
Posted August 22, 2011

PARK CITY, UT (BRAIN)—Backcountry.com has acquired CompetitiveCyclist.com and its family of specialty retail stores.

Posted in North America Tagged Web/Internet / Mergers/Acquisitions
Posted August 1, 2011

By Jason Norman

GILBERT, AZ—One organization is based in the West; the other is based in the East. One is for-profit; the other is a nonprofit.

Posted in North America Tagged Mergers/Acquisitions
Posted June 25, 2011

GILBERT, AZ (BRAIN)—From its humble beginnings in the 1970s to its inclusion in the 2008 Beijing Olympic Games, BMX racing has seen many changes through the years. 

Posted in North America Tagged Mergers/Acquisitions
Posted June 24, 2011

HEERENVEN, The Netherlands (BRAIN)—Accell Group's subsidiary Batavus has acquired all shares in Vartex AB.

Vartex is a trading company in bicycles and bicycle parts based in Varberg, Sweden. Vartex operates via a nationwide network of dealers.

Posted in North America Tagged Mergers/Acquisitions
Posted June 8, 2011

SAN DIEGO, CA (BRAIN)—Competitor Group, Inc has acquired the SBR Triathlon Series.

Posted in North America Tagged Mergers/Acquisitions
Posted June 2, 2011

SEYMOUR, CT (BRAIN)—The Thule Group has acquired Chariot Carriers Inc., a designer and developer of bicycle trailers and multi-functional child carriers.

Posted in North America Tagged Mergers/Acquisitions
Posted June 1, 2011

LOS ANGELES, CA (BRAIN)—Star Production SARL, owner of the worldwide TriStar Triathlon Series, has acquired Gran Fondo USA, producers of America’s original series of Italian-themed gran fondo cycling events.

Posted in North America Tagged Mergers/Acquisitions
Posted May 9, 2011

TORONTO, Ontario (BRAIN)—With its pending purchase of the Forzani Group, Canadian Tire Corporation will grow to more than 1,000 retail sports outlets across the country.

Posted in North America Tagged Mergers/Acquisitions
Posted May 9, 2011

VANCOUVER, Canada (BRAIN)—With coffee mugs sitting where they left them, 12 former Race Face employees are back at their old jobs under the company’s new majority owner, Chris Tutton, who purchased Race Face from its receiver, Grant Thornton, last week.

Posted in North America Tagged Mergers/Acquisitions
Posted May 9, 2011

VANCOUVER, Canada (BRAIN)—With coffee mugs sitting where they left them, 12 former Race Face employees are back at their old jobs under the company’s new majority owner, Chris Tutton, who purchased Race Face from its receiver, Grant Thornton, last week.

Posted in North America Tagged Mergers/Acquisitions

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