Industry News
COLORADO SPRINGS, Colo. (BRAIN) — Borealis Fat Bikes acquired Terrene Tires from Krueger Outdoor Inc.
FRANKFURT, Germany (BRAIN) — Helmet manufacturer Limar SRL formed a division to serve the U.S. market, with the first new helmets ready for distribution in the coming weeks.
TAIPEI (BRAIN) — Taiwan exported nearly $2 billion worth of bikes, e-bikes and bike components in the first four months this year, up 28% from the same period last year.
BREMBATE, Italy (BRAIN) — Vittoria Group and UK technology and materials company Haydale will begin collaborating on innovation and graphene supply.
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%.
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.
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.
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.
(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.
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
Recumbent manufacturer WizWheelz acquires Coyne Publishing, producer of the Recumbent Cycle-Con show
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.
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.
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.
BOULDER, Colo. (BRAIN) — Camber Outdoors announced Monday that Tiffany Smith will be the new CEO. Smith recently served as Camber's chief development officer.
PHILADELPHIA (BRAIN) — A prototype all-wheel-drive bike valued at $100,000 was stolen from a shop here specializing in AWD bikes.
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.
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