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Mergers/Acquisitions

Posted December 28, 2009
BEAVERTON, OR (BRAIN)—Yakima has tied its future to a Taiwan company that—among many other items—makes water filtration products and water coolers for Whirlpool. It seems an unlikely merger, but Kemflo International also makes parts for Yakima’s racks, and has for the last nine years.

Posted in North America Tagged Mergers/Acquisitions
Posted December 28, 2009
BEAVERTON, OR (BRAIN)—Yakima, one of the industry’s best known rack companies, has “merged” its operations with a privately held Taiwan company that has been supplying it with parts for the last nine years.

Posted in North America Tagged Mergers/Acquisitions
Posted December 9, 2009
PHILADELPHIA, PA (BRAIN)—Advanced Sports has purchased the Oval Concepts brand, trademarks and tooling and has entered into a license agreement for its patented JetStream and SCCS technology.

Posted in North America Tagged Mergers/Acquisitions
Posted October 7, 2009
VAN NUYS, CA (BRAIN)—Southern California-based Bent Up Cycles, one of the country’s largest retailers of recumbent bicycles, has purchased Barcroft Cycles, the Falls Church, Virginia-based manufacturer of such recumbent bicycles as the Barcroft Dakota, the Barcroft Virginia, the Barcroft Oregon and the Barcroft Columbi
Posted in North America Tagged Mergers/Acquisitions
Posted October 5, 2009
BERKELEY, CA (BRAIN)—Backroads has acquired Boston, Massachusetts-based Bike Rider Tours—a provider of biking, walking and culinary tours highlighting the unique characteristics of some of the world’s most picturesque regions.

Posted in North America Tagged Mergers/Acquisitions
Posted August 4, 2009
BETHEL, CT (BRAIN)—Cycling Sports Group (CSG) has acquired the assets of Sydney-based Gemini Bicycles for US $2.2 million.

Posted in North America Tagged Mergers/Acquisitions
Posted July 15, 2009
MONTREAL, Quebec (BRAIN)—Dorel Industries purchase of Iron Horse Bicycle Company for $5.2 million "brings depth to our mountain bike offerings," according to Robert Baird, president of Dorel's Recreational/Leisure segment.

Dorel already owns Cannondale, GT, Mongoose and Schwinn brands.

Posted in North America Tagged Mergers/Acquisitions
Posted July 7, 2009
BOULDER, CO (BRAIN)—Gruppo Bici N.A. has acquired Italian bicycle brands Galmozzi and Lygie from Atala S.p.A. The company also plans a series of reproduction frameset classics under its Atala, Cicli Italia, Galmozzi, Lygie, Maino and Umberto Dei brands. Terms of the acquisition were not disclosed.

Posted in North America Tagged Mergers/Acquisitions
Posted June 17, 2009
HELSINKI, Finland (BRIAN)—Accell Group NV has agreed to acquire all the shares in Raul Hellberg Oy and affiliated companies (‘Hellberg’). Hellberg is active in the market for bicycles, bicycle parts and accessories and has its head offices in Helsinki, Finland.

Posted in North America Tagged Mergers/Acquisitions
Posted June 9, 2009
GOLDEN, CO (BRAIN)—Wayne Lumpkin, founder of Avid, has acquired majority interest in Spot Brand, manufacturer of mountain, cyclocross and commuter bikes and integrator and distributor of Gates Carbon Drive belt systems through CD Enterprises. Terms of the deal were not disclosed.

Posted in North America Tagged Mergers/Acquisitions
Posted May 20, 2009
BOULDER, CO (BRAIN)—Gruppo Bici N.A. has acquired Canditalia S.r.l., a Milan, Italy-based company specializing in the design of bicycle accessories. Terms of the sale were not disclosed.

Posted in North America Tagged Mergers/Acquisitions
Posted May 6, 2009
ROCHESTER, NY (BRAIN)—Terry Precision Cycling, a women's cycling company, has been acquired by former president and chief executive officer of the Vermont Teddy Bear Company, Elisabeth Robert.

Posted in North America Tagged Mergers/Acquisitions
Posted March 18, 2009
HUNTINGTON BEACH, CA (BRAIN)—Saddle maker SDG USA’s Bicycle Division has been acquired by its former general manager Tyler Anspach for an undisclosed sum.

Posted in North America Tagged Mergers/Acquisitions
Posted February 20, 2009
SAN DIEGO, CA (BRAIN)—Competitor Group has sold VeloGear for an unspecified amount to Midwest Cycling, which will now be called Midwest Velo as a result of the transaction.

Posted in North America Tagged Mergers/Acquisitions
Posted February 5, 2009
GOLDEN, CO (BRAIN)—Feedback Sports has acquired Ultimate Bike Support, the bicycle division of Ultimate Holdings, Inc. of Fort Collins, Colorado.

Posted in North America Tagged Mergers/Acquisitions
Posted January 19, 2009
BEAVERTON, OR (BRAIN)—Yakima Products has acquired RackandRoll, a manufacturer of high performance multi-sport trailers based in Frederick, Maryland.

Posted in North America Tagged Mergers/Acquisitions
Posted January 15, 2009
VISTA, CA (BRAIN)—Zoot Sports has been acquired by K2 Sports. Terms of the acquisition were not disclosed.

Posted in North America Tagged Mergers/Acquisitions
Posted December 8, 2008
LAGUNA HILLS, CA (BRAIN)—Madison has secured the purchase of the Saracen brand and all the related intellectual property.

Posted in North America Tagged Mergers/Acquisitions
Posted September 23, 2008
PHILADELPHIA, PA (BRAIN)—Advanced Sports, Inc. (ASI) has purchased Breezer bikes. The purchase includes all assets and trademarks of the Breezer bicycle brand as well as an agreement with Joe Breeze for consulting services on new projects and designs.

Posted in North America Tagged Mergers/Acquisitions
Posted August 22, 2008
HOOD RIVER, OR (BRAIN)—Marking its fifth acquisition in the past five years, Billabong International Ltd. reached an agreement to buy surf, snow and bike accessories maker DaKine Hawaii Inc. for as much as $133 million.

Posted in North America Tagged Mergers/Acquisitions

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