Industry News

GRAND RAPIDS, Mich. (BRAIN) — WizWheelz, the parent company of TerraTrike and GreenSpeed, has acquired Coyne Publishing, LLC. Coyne is the producer of the Recumbent Cycle-Con show, which bills itself as North America’s largest gathering of the recumbent cycling industry.

Tagged Mergers, Acquisitions & Investments / Consumer Expos and Rides / Tradeshows and conferences

DENVER (BRAIN) — Lost Paddle Events, which owns the Big Gear Show, is planning a June 2023 e-bike show that may be the first national trade show for the e-bike segment in the U.S.

Tagged Electric bike / Tradeshows and conferences

BREMBATE, Italy (BRAIN) — Tire insert supplier Deaneasy will integrate into the Vittoria Group and begin production here to develop accessories quicker with research into sustainable materials and processes being a focus.

Tagged Mergers, Acquisitions & Investments

BOULDER, Colo. (BRAIN) — Camber Outdoors announced Monday that Tiffany Smith will be the new CEO. Smith recently served as Camber's chief development officer.

Tagged DEI and Sustainability

PHILADELPHIA (BRAIN) — A prototype all-wheel-drive bike valued at $100,000 was stolen from a shop here specializing in AWD bikes.

In-house carbon manufacturing key component to its strategy.
The Surveyor is Bridge Bike Works' first model.

TORONTO (BRAIN) — When collaborating on a new brand, Michael Yakubowicz and Frank Gairdner didn't just want to build a bike. They wanted to create the entire manufacturing process from pencil to paint under one roof.

HEERENVEEN, Netherlands (BRAIN) — A consortium headed by investment firm KKR has acquired 96.9% of Accell Group shares during the post acceptance period that ended Thursday.

DENVER (BRAIN) — FattE-Bikes has started a regulation crowdfunding raise on StartEngine.com. Because of SEC regulations, terms of the investment offer can be communicated only through the crowdfunding platform.

Opus Bike commits to more sustainable packaging.

MONTREAL (BRAIN) — Opus Bike is the latest e-bike company to join the industry's battery recycling program headed by Call2Recycle and also announced redesigned packaging to reduce the use of plastic by more than 50%.

LONDON (BRAIN) — E-mobility insurance company Laka has secured funding from Porsche Ventures, bringing its Series A investment to $13.5 million.

Tagged Mergers, Acquisitions & Investments
Jessica Klodnicki.

AMERICAN FORK, Utah (BRAIN) — Jessica Klodnicki is the new CEO of recovery product company KT Tape. She previously was chief marketing officer of Skullcandy.

Bryan Mason.

TEMPE, Ariz. (BRAIN) — Bryan Mason was promoted to Pivot Cycles president and will oversee "key departments and management team members" in addition to all of the company's Stuttgart, Germany, operations.

CHICAGO (BRAIN) — One of the largest snack companies in the world announced an agreement to acquire Clif Bar & Company for $2.9 billion. The acquisition by Mondelēz International — which owns brands such as Oreo, Cadbury, and Trident gum — will expand its business to more than $1 billion.

Tagged Mergers, Acquisitions & Investments

BOULDER, Colo. (BRAIN) — Provincetown, Massachusetts, tops PeopleForBikes' 2022 City Ratings for the best U.S. cities for biking. The year-long study was completed in conjunction with Trek Bicycle.

Annie Kao.

SEATTLE (BRAIN) — In the fast-moving world of e-bike brands, keeping track of who’s doing what — like Leon Cycle — is an ongoing challenge. Few dealers have heard of Leon Cycle, but it’s had a warehouse and a retail outlet in Seattle since 2019.

Tagged From the Magazine
Bimotal's e-bike conversion.

PORTLAND, Ore. (BRAIN) — Shop owner Brad Davis’s career as an e-bike entrepreneur offers a peek inside an often overlooked but increasingly profitable corner of the electric bike market: e-bike conversions.

Tagged Electric bike

RANDOLPH, Mass. (BRAIN) — Delta Cycle, known for its extensive line of accessories including bike storage and phone mount accessories, is moving into a very different market: e-bikes.

The Massachusetts company expected to take delivery in May of its first shipment of two models of Delta bikes.

Tagged Electric bike

LÉVIS, Quebec (BRAIN) — HLC is making a CA$250,000 ($193,000) investment in its Wheel Shop, which the distributor said will help better supply North American dealers during a period of supply-chain challenges.

MONTEREY, Calif. (BRAIN) — Blaupunkt, which launched its new line of e-bikes at the Sea Otter Classic, is a name known to fans of German-made cars, including Volkswagen and BMW.

Tagged Electric bike
Tom Martin.

BOULDER, Colo. (BRAIN) — For our June magazine edition, we asked our State of Retail panel members: How does this year to date compare to 2021 in terms of category sales and profitability? How do you expect sales and profits to evolve throughout this year?

Tagged From the Magazine

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