Industry News

BREMBATE, Italy (BRAIN) — Vittoria Group and UK technology and materials company Haydale will begin collaborating on innovation and graphene supply.

Company is the new owner of Osprey.

EL PASO, Texas (BRAIN) — Helen of Troy reported net sales declined 6.1% year-over-year for the first quarter 2023 but its Home & Outdoor group grew 21%.

Tagged Earnings/Financial Reports

ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. will acquire Fox Racing for $540 million with the potential for an additional $50 million earnout based on the lifestyle gear brand's financial performance.

Tagged Mergers, Acquisitions & Investments
Joe Hawk.

VISTA, Calif. (BRAIN) — Chief operating officer Joe Hawk is retiring after 29 years at Haro Bikes.

BIG FLATS, N.Y. (BRAIN) — Stan's NoTubes founders Stan and Cindy Koziatek are retiring after selling the company to the North Carolina-based investment company Zabel Companies LLC.

Tagged Mergers, Acquisitions & Investments
The Black Rocks E is among the Forme models stolen.

DERBY, United Kingdom (BRAIN) — Forme Bikes reported the theft of e-bikes from a supplier while in transit between its headquarters here and its Italian assembly plant on Friday.

KNOXVILLE, Tenn. (BRAIN) — Rick Adams is the new CEO of LeMond Bicycles, replacing Dean Hendrickson, who will transition to CEO of LeMond Carbon

Dahon's special 40th Anniverary bike

(BRAIN) — Dahon, celebrating its 40th anniversary this year, says it is refocusing on brick-and-mortar retailers by halting sales via Amazon and other online-only vendors.

TREVIGLIO, Italy (BRAIN) — Bianchi announced Thursday that it will directly distribute in Scandinavia beginning Friday.

Announcing it as "a new phase of the company's growth plan," it will control distribution in Sweden, Denmark, Finland, and Norway.

Tagged Distributor news

MADISON, Wis. (BRAIN) — Saris Cycling Group, the maker of indoor trainers, bike infrastructure products and bike racks, is re-organizing under Wisconsin's Chapter 128, a voluntary debt consolidation program run through the state's circuit court system

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

Pages

Subscribe to RSS - Industry News