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Mergers/Acquisitions

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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.

...read more
06/17/2009 5:00 PM MST

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 discl...read more
06/09/2009 5:00 PM MST

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.

“The acquisition of Canditalia was not planned,” said Gruppo Bici N.A. sp...read more
05/20/2009 5:00 PM MST

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.

Robert acquired majority interest in the company. Terry's founder G...read more
05/06/2009 5:00 PM MST

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.

Anspach, who has been with SDG for eight years, formed SDG Components LLC and the entity purchased the B...read more
03/18/2009 5:00 PM MST
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